David Sacks: The baseless accusations from The New York Times lack evidence, and we have retained a defamation law specialist to handle this matter.

BlockBeats News, December 1st, White House Cryptocurrency and AI Czar David Sacks publicly questioned The New York Times' investigation into his conduct while serving as the White House AI and cryptocurrency affairs lead, arguing that the newspaper spent months pursuing baseless allegations.

Sacks released a statement on social media, claiming that The New York Times assigned five reporters this summer to identify conflicts of interest between his government role and his background in the tech industry. "Through a series of 'fact checks,' they arrived at their accusations, which we thoroughly refuted," Sacks wrote. "Anyone who reads this piece carefully can see that they have cobbled together a bunch of anecdotes that do not support the headline. Of course, that is precisely their purpose."

The controversial New York Times article in question was titled "The Silicon Valley Man in the White House: Profiting for Himself and Pals" and was published on November 30th. The article alleged that David Sacks, by leveraging his dual roles as the White House AI and cryptocurrency affairs lead and a prominent tech investor, promoted policies that could benefit AI and cryptocurrency-related assets to the advantage of himself and his extensive Silicon Valley network.