Trump's Crypto Advisor Caught in Conflict of Interest Storm, ABTC Crash Sparks Market Trust Crisis

2025-12-05 10:20:20

Abstract generation in progress

[Crypto World] After that White House cryptocurrency summit wrapped up, the trouble began. David Sacks, Trump’s guy overseeing AI and crypto, is now under intense scrutiny—the New York Times dug up the fact that he holds stakes in 708 tech projects, 449 of which are related to AI, all set to benefit from the policies he’s shaping. To top it off, his podcast allegedly tried to charge $1 million per ticket just for a chance to meet Trump.

To make matters worse, the American Bitcoin (ABTC) project that Trump endorsed has also run into problems. As soon as the lock-up period ended, the token price plummeted by 35% to 50%. Although a few key figures haven’t rushed to sell, the entire market is already in a panic. Now everyone’s asking: Is this really a policy windfall, or an elaborate setup?

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UnluckyLemur

· 15h ago

Damn, 709 projects? Is this guy trying to swallow the whole Silicon Valley? ABTC is crashing like this, feels like they're just fleecing retail investors. It's both policy dividends and a scam—who the hell can make sense of it? Sachs' move... seriously insane, maximum conflict of interest. The crypto world is always like this, one lie after another. As soon as the lock-up period ends, they dump on the market—what a crappy script. I just want to know who is going to lose everything this time...

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PaperHandsCriminal

· 12-05 10:50

So this is the legendary "policy dividend", cracks me up. Why am I not dead yet? --- 709 projects? Dude, how good do you have to be at fence-sitting? I’m impressed. --- Another one, damn, I got trapped again. --- That’s why listening to advisors isn’t as good as trusting yourself. At least you lose willingly. --- Crashing as soon as the lockup period ends—this script is so played out. --- I just want to know who’s hyping it up. Step forward! --- Classic pump and dump, the tactic never changes. --- It’s either a policy dividend or a setup—can’t there be a third possibility? Can I still buy in? Haha. --- 709 projects, how many burner accounts does this guy have? --- One advisor handling the entire AI track—now that’s real vision.

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GhostInTheChain

· 12-05 10:49

Damn, it's the same old trick again? As soon as the lock-up period ends, they dump on the market—this is clearly a cash grab. With so many vested interests over at Sachs, who can even trust them? What a joke. Policy benefits? Looks more like a policy red line to me. People in the White House still dare to play like this. Feels like the whole setup is rotten. If I'd known earlier, I wouldn't have touched this round.

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LightningAllInHero

· 12-05 10:45

This guy Sax is playing way too hard—709 projects and over 450 AI ones... Is he trying to take it all? Now you get it, right? As soon as the lockup period ends, they dump on the market. Ponzi money runs when it should. Another classic rug pull show. Policy dividends? Please, this whole thing looks like an elaborate setup no matter how you see it. ABTC's crash is insane... I just want to ask if anyone actually made money. Sax's conflict of interest is right out in the open—who would dare be the bagholder here, with this kind of vibe?

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PumpAnalyst

· 12-05 10:45

709 projects, 449 of them AI. As soon as I saw these numbers, I knew something was up. The whales’ ambush is just too obvious. Price tanks as soon as the vesting period ends? Guys, I’ve seen this trick way too many times. I suggest you take profits in time—don’t get dumped on. Bearish is bearish, but with this drop, the technicals have truly broken through all support levels. Keep an eye on the 1-hour candlestick structure. Attention all retail investors: this is a classic policy dividend → carefully designed scam playbook. Not to discourage anyone, but with so many affiliated companies behind the project, where’s the risk control awareness? This is a bit too obvious. What’s ahead is a trap set by the whales. Whether you go for it or not, that’s up to you. I laughed the moment the price crashed. My prediction game is on point—this is where the swing trade opportunities are.

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SlowLearnerWang

· 12-05 10:43

Damn, 709 projects? How can it be so "diversified"... Should've seen it coming, only just realized now. As soon as the lock-up period ends, they dump on the market. This script feels way too familiar, like I've seen it somewhere before. They really do take us for fools. What so-called policy dividends... In my opinion, it's all a rigged game and we're just here to pay the tuition.

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GasFeeCrying

· 12-05 10:41

Another round of conflicts of interest and a massive dump—what a move, textbook-level rug pull.

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