Bitwise CEO confirms that David Sacks, the AI and crypto chief at the White House, has sold his stake in the company

ChainCatcher news, according to Bitwise CEO Hunter Horsley’s post on social media X: "The White House AI and cryptocurrency director David Sacks and Craft invested in Bitwise's seed round in 2017. Over two months ago, David told me they had to withdraw their investment from Bitwise.

We worked with David and the Craft team to coordinate and complete the sale of David's Bitwise 10 shares and Craft's equity in our company. They did not want to sell— they were early believers in Bitwise and our mission.

But David is doing public service, putting the country first. Under the leadership of talented and well-informed leaders like David, I have never been more optimistic about cryptocurrency in the United States than I am now."