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Crypto Clash: Elizabeth Warren Accuses David Sacks of Investing in Bitwise’s Fund with BTC, ETH, SOL, XRP, ADA

  • US Senator Elizabeth Warren has accused White House Crypto Czar David Sacks of investing in Bitwise’s funds with BTC, ETH, SOL, XRP, ADA.
  • Warren questions Sacks' potential conflict of interest, as the government's support for the blockchain industry could drive up the values of cryptocurrencies, benefiting those who hold them.
  • She asks Sacks to disclose the identities of those involved in determining the five cryptocurrencies for the national crypto reserve and whether they violated conflict of interest laws.
  • Warren also requests Sacks to publicly disclose any reports he filed with the Office of Government Ethics and provide evidence of divesting from his crypto holdings.

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