David Sacks and the blurred lines of government service


When Vultron declared $ 22 million financing round At the beginning of this week, AI started a key investor, the craft establishments were founded by the White House AI Adviser David Sacks. ”

Announcement, questions about the conflict of interest in the clashes of the CROGRA, if the sacks maintained the role of both AI and Crypto Tsarist, an arrangement of political duties and private earnings has been announced as a new model.

Scacks rejected two ethics, but refused to two ethics, he allowed the federal policy while maintaining financial shares in the areas he controls. This firstFrom March, a 11-page document covers its cryptist investments. This secondSolves AI Holdings, specifically in June. Together, they activated that ethical experts called on an unprecedented arrangement.

“This Graft,” Kathleen Clark, Washington University, law rights law, specializes in the field of government ethics, after refusing to reject the cryptist of sacks. “This is a lawyer The offer of the White House Consultant Trump’s offer, allowing [Sacks] Earn money when insulating him from criminal liability. “

Clark’s analysis is critical. The share of the total assets of unusual assets discusses – the share of the total portfolio of the art in the general portfolio of the craftsmanship represents less than 3.8% of its total assets – but never reveals the amount of real dollars. “Only 3.8% of the total assets of this interest are only one if you are talking about a legal professor. However, 3.8% of this boy’s assets are hecked by more money,” he said.

Clark is also separately, the refusal cannot think of the potential review. Federal rules require not only the current value, not “potential profit or loss.” Sacks are still for a business capitalist such as clark notes “Even [if his shares are] Less than 3.8% of their assets, if it is good, it can be more. ”

Craft monsters did not respond to several inquiries from Techcrunch this week to discuss this story.

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The time of vulton’s announcement shows the complexity. Vultron, in particular, creates AI tools for federal contractors that help them gain government contracts more effectively. The company is proud of the reduction of “up to days from weeks” and a Fortune 500 clients, now save more than 20 hours per week for the user in the federal contract.

A close source of company, investment in the investment of craftsmanships in advance to determine the government’s appointment. However, the time of time is the question: the Nation’s AI CZAR has a financial share in a company that will affect the policy of earning profit from gaining profit from gaining profit.

Senator Elizabeth Warren is among the most vocal critics of these regulations. In a letter to the May Government’s Ethics Department, the rating member of the Senate Banking Committee, Crypto called “Crypto to make a lunch of $ 1.5 million for crypto”. “

“Mr. sacks also lead a company that invested in Crypto in the leadership while the nation’s cryptist leads,” Warren wrote. “Normally, the federal law prohibits a conflict of an important conflict.”

Sacks, Warren’s concerns, the concerns that blamed him very much “pathological hatred for crypto. “Also, before he joined the White House, he said he was selling a fortune before joining the White House” appearance the conflict. “

Indeed, the supporters of sacks point to the victims for the government. His, he and his crafts enterprises, for its craft, the digital assets worth at least $ 85 million were $ 200 million. In the rapidly growing companies, including the position in the city of Khai, including the rapid musk, began selling interests in 90 Venture capital funds, including Sequoia funds.

The source near the hugs emphasizes these gaps, for the role of the government, craft institutions must now pass the White House Ethics Committee in front of each AI and Crypto deal. This control offers them, taking into account the amount of work that can cause anyone who is engaged in the fact that it is considered to invest in nutrients and smaller transactions.

Clark claims that the main ethical frame is defective. Manufacturers, it is arguing to themselves, and the ethical concerns are designed to provide legal coverage. “It’s white,” he said. It is even more difficult, sacks work as a government employee – every week is 130 days – Effective in another week – while maintaining trade activities. In September, for example, the co-chairs in sacks and popular podcasts will be transformed into a three-day conference for $ 7,500 to join the participants. Although it is legally permissible, these activities are more confusing the lines between its social and private roles.

Some observers will be completely a billionaire by “Forbes” calculations – whether a billionaire is a billionaire – will declare victory and government service. Now by the genius law, he can review the main mission that fulfills his main mission: brings Cryptocurry from fringes to the center scene.

But it will most likely take time. The hugs expand the view of a Fox to explain the appearance of the Fox to explain the appearance of a Fox immediately to explain their priorities in three main areas (against digital assets), including the rules of stabilization, and evaluate the rules of stabilization.

Meanwhile, critics, who are concerned about the clashes of interest, claimed that the precedent was appointed. With the combination of existing investments in the Federal Government, the transition to their cryptist and the wider orbit of themselves and more wide orbit themselves and a wider orbit themselves and a wider orbit themselves and a wider orbit themselves and a wider orbit themselves and a wider orbit themselves and more wider placed his wide orbit itself and a wider orbit.

It is a new normal normal normal normal normal normal normal normal normal or abertion to be reverse for Silicon Valley relationships with Washington. When the enterprise capitalists protect their investment activities in one period, the traditional ethics framework may be inadequate for a period that can protect investment activities.

So far, regulation, protected by carefully prepared refusal because they are interrogating and not legally found. As Clark puts it, “No one will be able to judge him.”



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