The post Elizabeth Warren Probing Whether Trump’s AI and Crypto Czar David Sacks Broke Ethics Rules appeared on BitcoinEthereumNews.com. In brief Elizabeth Warren and other liberal lawmakers questioned AI and crypto czar David Sacks on whether he has exceeded his 130-day limit as a temporary White House employee, raising ethics concerns. The lawmakers want a full record of Sacks’ workdays and locations since January, noting his dual role at the White House and at his AI- and crypto-focused venture firm. The inquiry follows a New York Times investigation linking the Trump family’s crypto platform to a UAE AI chip deal that Sacks reportedly helped finalize. Sen. Elizabeth Warren (D-MA) and other prominent liberal lawmakers have turned up the heat on White House AI and crypto czar David Sacks, pressing the Trump administration official Wednesday on whether he has overstayed his temporary post and violated ethics rules. In a letter sent to Sacks Wednesday morning and shared with Decrypt, Warren noted that as a Special Government Employee, the crypto czar is permitted to work in his position for only 130 days per year.  “Any effort to stay beyond the time limits imposed on you as a Special Government Employee (SGE) would raise additional ethics concerns for you and the Trump Administration, particularly as it moves to implement recently enacted cryptocurrency legislation and put in place new rules for the crypto industry,” Warren wrote.  The letter was also signed by prominent lawmakers including Sen. Bernie Sanders (I-VT), Sen. Chris Van Hollen (D-MD), Sen. Richard Blumenthal (D-CT), and Rep. Rashida Tlaib (D-MI).  Warren has requested Sacks to, within the next two weeks, provide the lawmakers with a list of days he has worked in any capacity for the Trump administration since his appointment in January, plus further details on where he has conducted said business, including in Silicon Valley.  The White House did not immediately respond to Decrypt’s request for comment.… The post Elizabeth Warren Probing Whether Trump’s AI and Crypto Czar David Sacks Broke Ethics Rules appeared on BitcoinEthereumNews.com. In brief Elizabeth Warren and other liberal lawmakers questioned AI and crypto czar David Sacks on whether he has exceeded his 130-day limit as a temporary White House employee, raising ethics concerns. The lawmakers want a full record of Sacks’ workdays and locations since January, noting his dual role at the White House and at his AI- and crypto-focused venture firm. The inquiry follows a New York Times investigation linking the Trump family’s crypto platform to a UAE AI chip deal that Sacks reportedly helped finalize. Sen. Elizabeth Warren (D-MA) and other prominent liberal lawmakers have turned up the heat on White House AI and crypto czar David Sacks, pressing the Trump administration official Wednesday on whether he has overstayed his temporary post and violated ethics rules. In a letter sent to Sacks Wednesday morning and shared with Decrypt, Warren noted that as a Special Government Employee, the crypto czar is permitted to work in his position for only 130 days per year.  “Any effort to stay beyond the time limits imposed on you as a Special Government Employee (SGE) would raise additional ethics concerns for you and the Trump Administration, particularly as it moves to implement recently enacted cryptocurrency legislation and put in place new rules for the crypto industry,” Warren wrote.  The letter was also signed by prominent lawmakers including Sen. Bernie Sanders (I-VT), Sen. Chris Van Hollen (D-MD), Sen. Richard Blumenthal (D-CT), and Rep. Rashida Tlaib (D-MI).  Warren has requested Sacks to, within the next two weeks, provide the lawmakers with a list of days he has worked in any capacity for the Trump administration since his appointment in January, plus further details on where he has conducted said business, including in Silicon Valley.  The White House did not immediately respond to Decrypt’s request for comment.…

Elizabeth Warren Probing Whether Trump’s AI and Crypto Czar David Sacks Broke Ethics Rules

For feedback or concerns regarding this content, please contact us at crypto.news@mexc.com

In brief

  • Elizabeth Warren and other liberal lawmakers questioned AI and crypto czar David Sacks on whether he has exceeded his 130-day limit as a temporary White House employee, raising ethics concerns.
  • The lawmakers want a full record of Sacks’ workdays and locations since January, noting his dual role at the White House and at his AI- and crypto-focused venture firm.
  • The inquiry follows a New York Times investigation linking the Trump family’s crypto platform to a UAE AI chip deal that Sacks reportedly helped finalize.

Sen. Elizabeth Warren (D-MA) and other prominent liberal lawmakers have turned up the heat on White House AI and crypto czar David Sacks, pressing the Trump administration official Wednesday on whether he has overstayed his temporary post and violated ethics rules.

In a letter sent to Sacks Wednesday morning and shared with Decrypt, Warren noted that as a Special Government Employee, the crypto czar is permitted to work in his position for only 130 days per year. 

“Any effort to stay beyond the time limits imposed on you as a Special Government Employee (SGE) would raise additional ethics concerns for you and the Trump Administration, particularly as it moves to implement recently enacted cryptocurrency legislation and put in place new rules for the crypto industry,” Warren wrote.

The letter was also signed by prominent lawmakers including Sen. Bernie Sanders (I-VT), Sen. Chris Van Hollen (D-MD), Sen. Richard Blumenthal (D-CT), and Rep. Rashida Tlaib (D-MI). 

Warren has requested Sacks to, within the next two weeks, provide the lawmakers with a list of days he has worked in any capacity for the Trump administration since his appointment in January, plus further details on where he has conducted said business, including in Silicon Valley. 

The White House did not immediately respond to Decrypt’s request for comment.

As a Special Government Employee, Sacks was permitted to remain at Craft Ventures—his Silicon Valley venture firm, which invests heavily in AI and crypto companies—even as he has continued to play a critical role in shaping the White House’s AI and crypto policy. 

That allowance is specifically granted only to temporary White House employees. Earlier this year, Elon Musk used a similar exception to continue operating his numerous businesses while running the Department of Government Efficiency (DOGE). 

Sacks has split his time between Silicon Valley and Washington D.C. since joining the Trump administration and has scrupulously used his working days so as to extend the period of his White House tenure, sources familiar with the matter told Decrypt

Warren’s inquiry comes days after the New York Times published an investigation linking the business dealings of the Trump family’s crypto platform, World Liberty Financial, to a recent lucrative agreement reached between the U.S. government and the UAE regarding AI chips. Sacks played a crucial role in getting the chip deal over the finish line, according to the report.

Daily Debrief Newsletter

Start every day with the top news stories right now, plus original features, a podcast, videos and more.

Source: https://decrypt.co/339915/elizabeth-warren-probing-trump-ai-crypto-czar-broke-ethics-rules

Market Opportunity
DAR Open Network Logo
DAR Open Network Price(D)
$0.006287
$0.006287$0.006287
-13.54%
USD
DAR Open Network (D) Live Price Chart
Disclaimer: The articles reposted on this site are sourced from public platforms and are provided for informational purposes only. They do not necessarily reflect the views of MEXC. All rights remain with the original authors. If you believe any content infringes on third-party rights, please contact crypto.news@mexc.com for removal. MEXC makes no guarantees regarding the accuracy, completeness, or timeliness of the content and is not responsible for any actions taken based on the information provided. The content does not constitute financial, legal, or other professional advice, nor should it be considered a recommendation or endorsement by MEXC.

You May Also Like

The Role of Reference Points in Achieving Equilibrium Efficiency in Fair and Socially Just Economies

The Role of Reference Points in Achieving Equilibrium Efficiency in Fair and Socially Just Economies

This article explores how a simple change in the reference point can achieve a Pareto-efficient equilibrium in both free and fair economies and those with social justice.
Share
Hackernoon2025/09/17 22:30
Cryptos Signal Divergence Ahead of Fed Rate Decision

Cryptos Signal Divergence Ahead of Fed Rate Decision

The post Cryptos Signal Divergence Ahead of Fed Rate Decision appeared on BitcoinEthereumNews.com. Crypto assets send conflicting signals ahead of the Federal Reserve’s September rate decision. On-chain data reveals a clear decrease in Bitcoin and Ethereum flowing into centralized exchanges, but a sharp increase in altcoin inflows. The findings come from a Tuesday report by CryptoQuant, an on-chain data platform. The firm’s data shows a stark divergence in coin volume, which has been observed in movements onto centralized exchanges over the past few weeks. Bitcoin and Ethereum Inflows Drop to Multi-Month Lows Sponsored Sponsored Bitcoin has seen a dramatic drop in exchange inflows, with the 7-day moving average plummeting to 25,000 BTC, its lowest level in over a year. The average deposit per transaction has fallen to 0.57 BTC as of September. This suggests that smaller retail investors, rather than large-scale whales, are responsible for the recent cash-outs. Ethereum is showing a similar trend, with its daily exchange inflows decreasing to a two-month low. CryptoQuant reported that the 7-day moving average for ETH deposits on exchanges is around 783,000 ETH, the lowest in two months. Other Altcoins See Renewed Selling Pressure In contrast, other altcoin deposit activity on exchanges has surged. The number of altcoin deposit transactions on centralized exchanges was quite steady in May and June of this year, maintaining a 7-day moving average of about 20,000 to 30,000. Recently, however, that figure has jumped to 55,000 transactions. Altcoins: Exchange Inflow Transaction Count. Source: CryptoQuant CryptoQuant projects that altcoins, given their increased inflow activity, could face relatively higher selling pressure compared to BTC and ETH. Meanwhile, the balance of stablecoins on exchanges—a key indicator of potential buying pressure—has increased significantly. The report notes that the exchange USDT balance, around $273 million in April, grew to $379 million by August 31, marking a new yearly high. CryptoQuant interprets this surge as a reflection of…
Share
BitcoinEthereumNews2025/09/18 01:01
Metaplanet raises $1.4B to fuel BTC purchases and U.S. subsidiary launch

Metaplanet raises $1.4B to fuel BTC purchases and U.S. subsidiary launch

Metaplanet Inc. has formalized the subsidiary in Miami, Florida, naming it Metaplanet Income Corp.
Share
Cryptopolitan2025/09/17 23:34