David Sacks said on Thursday that his time as White House AI and cryptocurrency czar has ended, paving the way for his new position on the President's Council of Advisors on Science and Technology.

Sacks Moves To New Role

During an interview with Bloomberg, Sacks said that he has “used up” his tenure as a special government employee, which lasts for 130 days.

“I think moving forward as co-chair of PCAST, I can now make recommendations on not just AI but an expanded range of technology topics,” Sacks expressed enthusiasm about his new role. “So yes, this is how I’ll be involved moving forward.”

A Glance At Sacks’ Tenure

Sacks, a renowned venture capitalist, was appointed as the White House AI & Crypto Czar by President Donald Trump in December 2024. He was tasked with shaping policy in AI and cryptocurrency to establish the U.S. as the dominant global force in both transformative fields.

Before joining the Trump administration, he sold all his cryptocurrency holdings, including Bitcoin (CRYPTO: BTC), Ethereum (CRYPTO: ETH) and Solana (CRYPTO: SOL) due to government ethics rules.

However, his tenure attracted scrutiny, including accusations from Sen. Elizabeth Warren (D-Mass.) that he overstayed his 130-day limit to continue "influencing" cryptocurrency policy.

Cardano (CRYPTO: ADA) founder Charles Hoskinson particularly targeted Sacks, blaming him for doing nothing in his power to prevent Trump from launching ventures that have impeded the passage of cryptocurrency bills.

Disclaimer: This content was partially produced with the help of Benzinga Neuro and was reviewed and published by Benzinga editors.

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