Deep Tide TechFlow news, on December 21, AI and crypto czar David Sacks posted on social media to deny rumors of a position change. He stated that he will spend half of his time in Washington guiding policy-making, and the other half in Silicon Valley focusing on cutting-edge developments.

Previously, according to Fortune, insiders from the Trump administration transition team revealed that his position had shifted from a leadership role to an advisory role, partly due to his unwillingness to leave Craft Ventures investment company.