David Sacks, the new head of artificial intelligence and issues related to Bit, sold more than $200 million in investments related to digital assets before taking office. White House documents reveal that Sacks sold his Bit holdings through his personal account and his company Craft Ventures. At least $85 million of this came from his personal investments, while Craft Ventures still holds some Bit-related funds. The 11-page disclosure is much longer than that of Robert F. Kennedy Jr., the new Secretary of Health and Human Services.

David Sacks has responded to criticism from officials like Senator Elizabeth Warren, who expressed concern about Sacks' financial ties to Bit. Senator Warren sent a letter asking Sacks to disclose his investments in Bit, ETH, Solana, and other digital assets related to Trump's strategic reserve proposal. Sacks and his venture capital firm have sold all their Bit holdings, including Bit, ETH, Solana, and shares in Coinbase and Robinhood. He also began selling stakes in Bit investment funds like Multicoin Capital and Blockchain Capital. Sacks still holds a small amount of digital assets, less than 0.1% of his total investments, and plans to sell them soon.

President Trump holds a large stake in Trump Media & Technology Group, owner of Truth Social, and has launched several Bit projects that could be affected by government policies. Elon Musk, CEO of Tesla, SpaceX, and other companies, is also one of Trump's top advisors and may influence regulations to benefit his businesses.

Just days before taking office, Trump launched a Token called TRUMP through the company CIC Digital LLC, holding 80% of the coins. The Trump family also receives 75% of the profits from a Bit bank called World Liberty Financial, launched last year. Commerce Secretary Howard Lutnick and other cabinet members hold large stakes in Bit, generating hundreds of millions of dollars through their ties to Tether.