Daily Planet Daily News At the first digital asset summit held at the White House, Senator Elizabeth Warren sent an open letter to David Sacks, the government's AI affairs director, questioning potential conflicts of interest and requesting relevant financial disclosure. Warren believes that government intervention in the blockchain industry may drive up market prices, leading to conflicts of interest among policymakers. She asked Sacks to disclose the identities of the individuals involved in formulating encryption reserve decisions and whether they are bound by conflict of interest regulations. Warren questioned whether Sacks had engaged in relevant transactions before the policy was enacted and requested proof of his divestment from personal encryption assets.
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Daily Planet Daily News At the first digital asset summit held at the White House, Senator Elizabeth Warren sent an open letter to David Sacks, the government's AI affairs director, questioning potential conflicts of interest and requesting relevant financial disclosure. Warren believes that government intervention in the blockchain industry may drive up market prices, leading to conflicts of interest among policymakers. She asked Sacks to disclose the identities of the individuals involved in formulating encryption reserve decisions and whether they are bound by conflict of interest regulations. Warren questioned whether Sacks had engaged in relevant transactions before the policy was enacted and requested proof of his divestment from personal encryption assets.