“Donald Trump Special Adviser for AI and Cryptocurrency David SAX should provide transactions with digital assets. This is stated in a letter in his name from Senator Elizabeth Warren, writes Axios. The document raises the question of the potential conflict of interests of officials and his team. It also expresses concerns about the ethics of steps taken by the US Presidential Administration. “Americans deserve the leaders who put public […]”, – WRITE: Businessua.com.ua
Donald Trump Special Adviser for AI and Cryptocurrency David SAX should provide transactions with digital assets. This is stated in a letter in his name from Elizabeth Vorren senators, Axios writes.
The document raises the question of the potential conflict of interests of officials and his team. It also expresses concerns about the ethics of steps taken by the US Presidential Administration.
“Americans deserve leaders who put public interests above their own. I hope you pay attention to these problems, ”the letter reads.
According to Warren, the Federal Government will support the blockchain industry, which will increase the cost of the available owners and cause conflict of interest to officials.
The legislator reminded that SAX was a partner at Craft Ventures, which supported cryptocurrency companies, including the investment company Bitwise. The five largest components of the firm’s index are the same five assets that the President has determined for the reserve: bitcoin, Ethereum, Solana, Xrp and Cardano.
The senator demanded that Saks provide evidence of the elimination of personal savings in these coins, information about any ethical exceptions and topics he refused.
On March 3, Trump’s adviser confirmed that he sold all his digital assets before the new US administration has started.
Thus, the official responded to the call of EURO Pacific Capital Peter Schiff to Congress to investigate the actions of the White House Head in the field of cryptocurrencies. Aaron Dey’s politician, who joined the debate, suggested that Saks and his family financial activity study.
On March 7, the US President signed a decree on the creation of a cryptore. Later, the first summit with the industry participants will be held in the White House this day. The forum is expected to reveal new details about the reserve composition, which is likely to include XRP, Sol and ADA.
Recall that in January, the ethics of Trump’s cryptocurrency initiatives became interested in Congress, and in February, Public Citizen called on the Ministry of Justice and the US Ethics Ethics Office to begin investigation into Trump due to possible violation of federal corruption laws.
Earlier, Warren expressed a “serious concern” about “personal ties” of the head of the Ministry of Commander and ex-Ceo Cantor Fitzgerald Howard Lutnik with Tether and affiliates. She urged to reveal the details of his share in the Issuer of Steiblcoin and talking with Trump administration representatives about the company.
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