Bitwise CEO: David Sacks has sold Bitwise company shares to avoid conflicts of interest

Shen Chao TechFlow news, on March 6th, according to Bitwise CEO Hunter Horsley’s social media post: “David and CRAFT invested in Bitwise’s seed round in 2017. More than two months ago, David told me that they had to withdraw their investment from Bitwise.”

We worked with David and the CRAFT team to coordinate and complete the sale of David’s Bitwise 10 stake and CRAFT’s equity in our company.

They don’t want to sell - they are early believers in Bitwise and our mission. But David is doing public service, putting the country first.

Under the leadership of such a talented and well-informed leader as David, I have never been as optimistic about cryptocurrencies in the United States as I am now.