Multicoin co-founder: Assisted David Sacks in selling his Multicoin assets months ago

2025-03-05 20:01:27

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ChainCatcher news, Multicoin Capital co-founder Kyle Samani posted on social media, "White House AI and cryptocurrency chief David Sacks is clear about his role. A few months ago, his team reached out to us, and we found buyers for the remaining Multicoin-related assets under his Craft Ventures."

ChainCatcher previously reported that White House AI and cryptocurrency chief David Sacks confirmed in response to community users on the X platform that he has sold his LP stake in Multicoin Capital and is no longer a limited partner (LP) in the fund.

David Sacks previously stated on his personal X account that he held a position in the Bitwise ETF worth $74,000, which he sold entirely on January 22. Claims regarding his indirect holdings in cryptocurrency are not true, and he promised to provide updates after the ethical review process is completed.

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Multicoin Capital

David Sacks