US Senator Warren interrogated David Sacks: encryption policies may bring conflicts of interest for officials, or raise moral concerns

BlockBeats news, on March 7th, according to Axios, on the morning of the first digital asset summit at the White House, Senator Elizabeth Warren sent a critical letter to the government’s Cryptocurrency and Artificial Intelligence chief, David Sacks, known as the “encryption czar.” Warren believes that the deeper the federal government supports the Blockchain industry, the higher the value of existing holders, which brings about conflicts of interest for the officials formulating these policies. The senator raised several sharp questions involving potential conflicts of interest for David Sacks and his colleagues. She also detailed a series of actions by the Trump administration, stating that these actions have raised concerns about the moral integrity of their decision-making.