White House AI and crypto czar David Sacks rejects fresh conflict of interest claims

David Sacks, the White House AI and crypto czar, publicly challenged a New York Times investigation that alleged he used his dual role to advance policies benefiting his extensive AI- and crypto-related holdings and those of his associates. Sacks claimed five NYT reporters spent months pursuing debunked allegations, calling the resulting story a "nothing burger." His legal team, Clare Locke, sent a detailed letter to the outlet arguing the paper mischaracterized facts, ignored ethics guidance that cleared Sacks, and that he had complied with all necessary financial disclosures and ethics requirements upon joining the administration as a Special Government Employee. The letter criticized the NYT for suggesting Sacks lacked necessary ethics letters or improperly influenced policy, asserting that Sacks had divested from relevant holdings as required and that the pursuit of the article demonstrated "reckless disregard for the truth."

(Source：The Block)