Imagine the US government buying cryptocurrencies like Bitcoin and Ethereum! President Trump's plan to create a government crypto reserve caused a stir. One person involved, David Sacks, faced questions about possible conflicts of interest because of his past investments in crypto companies.
- Sacks says he sold all his personal crypto before joining the government.
- Concerns arose about his firm, Craft Ventures, and its investment in a crypto company that could profit from the government's purchases.
- Craft Ventures says they also sold their investment before the plan was announced.
- Some people support the idea, while others worry about the government getting involved in crypto.
| Fact | Details |
|---|---|
| Cryptocurrencies involved | Bitcoin (BTC), Ethereum (ETH), XRP, Cardano (ADA), Solana (SOL) |
| World Liberty Financial holdings | ~$500 million in crypto |
