David Sacks has confirmed his exit from Multicoin Capital's investment

ChainCatcher news, White House AI and crypto chief David Sacks confirmed on the X platform in response to community users 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 had held a position in the Bitwise ETF worth $74,000, which he sold entirely on January 22. Claims regarding his indirect holdings in cryptocurrencies are not true, and he promised to provide updates after the ethical review process is completed.