Odaily Planet Daily News: White House AI and crypto director David Sacks announced in an article on X platform that he has sold his position in Multicoin Capital and proactively sold all cryptocurrencies and crypto focused funds. David Sacks emphasized that there was no need to do so during the sale as the relevant ethical review process was still ongoing, but he voluntarily chose to withdraw and advised the outside world not to make "baseless and hysterical accusations" until all the facts were known.