Multicoin Capital Managing Partner: David Sacks’ team has already contacted to sell related assets, and all operations are aboveboard

Odaily News In response to the White House AI and encryption director David Sacks' disclosure that he had sold Multicoin Capital assets, the crypto fund's managing partner Kyle Samani issued a statement to confirm and said that David Sacks' team contacted Multicoin Capital several months ago and then found buyers for the relevant assets. All transaction manipulations were "above board," indicating that he was serious about the non-existent conflict of interest.