David Sacks: The baseless accusations from The New York Times lack evidence, and he has hired a defamation law specialist to handle the matter

According to The Block, David Sacks, the White House's cryptocurrency and artificial intelligence director, publicly questioned The New York Times' investigation into his conduct during his tenure as the head of White House AI and cryptocurrency affairs, arguing that the paper spent months pursuing unfounded allegations.

Sacks issued a statement on social media, claiming that The New York Times assigned five reporters this summer to try to uncover conflicts of interest between his government position and his background in the tech industry. "Through a series of 'fact checks,' they made accusations, which we have thoroughly refuted," Sacks wrote. "Anyone who reads the article carefully can see that they pieced together a collection of anecdotes that do not support the headline. Of course, that was precisely their intent."

The controversial New York Times article is titled "Silicon Valley in the White House: Profiting for Oneself and Friends," published on November 30. The article accuses David Sacks of using his dual role as the White House AI and cryptocurrency affairs director and a significant tech investor to promote policies that could benefit himself and his extensive Silicon Valley network in AI and cryptocurrency-related assets.