Multicoin Capital Managing Partner: David Sacks' team has long been in contact to sell related assets, all operations are above board
In response to the White House AI and encryption director David Sacks' disclosure that he has sold his Multicoin Capital assets, the crypto fund management partner Kyle Samani confirmed this in a statement. He also stated that David Sacks' team had contacted Multicoin Capital several months ago and subsequently found buyers for the related assets. All transaction manipulations were "open and aboveboard", indicating his seriousness about non-existent conflicts of interest.
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