War On Crypto Escalates: Trump’s AI and Crypto Czar Now in Crosshairs, Experts Warn

The regulatory assault on cryptocurrency isn't just targeting protocols anymore—it's gunning for the people shaping policy. A new front has opened, with experts claiming the so-called 'War on Crypto' is now zeroing in on former President Trump's proposed AI and Crypto Czar.

The Human Firewall

Forget mining rigs and smart contracts. The latest battleground is the executive appointment itself. Critics argue that creating a dedicated cabinet-level position to oversee AI and digital assets represents a fundamental threat to the regulatory status quo—a move that could bypass decades of bureaucratic gatekeeping in a single nomination.

Policy Over Protocol

This shift from chasing code to challenging appointments signals a deeper conflict. It's no longer just about whether a token is a security; it's about who gets to make that call. The potential Czar would wield unprecedented authority to streamline regulation, potentially clearing the logjam that has kept traditional finance safely on the sidelines while innovation sprinted ahead.

The establishment's reaction? Predictable. Because nothing terrifies a legacy institution more than a streamlined process—it's bad for billable hours and even worse for maintaining control. The real fight was never about the technology's legitimacy; it was always about who controls the financial plumbing of the future.

One cynical take from the finance trenches? Wall Street always prefers a complicated, expensive problem it can 'help' solve over a simple, elegant solution that makes its middlemen obsolete. The nomination of a Crypto Czar doesn't just propose a new regulator—it proposes an existential threat to the entire friction-based revenue model of modern finance.

The stakes just got personal. And that means the war is just getting started.

White House Crypto Czar Denies Conflicts Of Interest

In a recent statement on social media site X (formerly Twitter), Sacks shared that five months ago, several reporters from The New York Times were assigned to investigate supposed conflicts of interest linked to his role. 

He described how the investigation persisted through numerous “fact checks,” during which they scrutinized various accusations against him. Despite presenting thorough rebuttals, Sacks noted that the published article only included fragments of their responses, while the foundation of the accusations remained largely speculative.

According to the White House’s Crypto Czar, the allegations ranged from a “fabricated dinner” with a notable tech CEO to unfounded claims of promising access to the President and exerting influence over defense contracts. He argued that each time an accusation was disproven, the Times simply shifted to another claim. 

Sacks expressed frustration that, in their pursuit of a “sensational story,” The New York Times overlooked the fact that he has no genuine conflicts of interest to uncover. He described the final article as a “nothing burger,” asserting that it merely pieced together anecdotes that do not substantiate its headline. 

To counter what he deemed a misrepresentation of the facts, Sacks ultimately hired a law firm specializing in defamation law, to assist in addressing these allegations. 

New Bills Could Dismantle Century-Old Banking Practices

Market expert Jack Sage later weighed in on these developments via social media, asserting that US bankers, including JPMorgan, are waging “TOTAL WAR” on Bitcoin. 

Sage pointed out several targets of this new onslaught, including Strategy (previously MicroStrategy), along with key figures such as Strike CEO Jack Mallers, and stablecoin issuer Tether (USDT). 

He indicated that David Sacks is now in the line of fire, characterizing this as a coordinated attack aimed at diminishing a crypto-friendly influence within Trump’s administration.

Sage suggested that the Trump administration seeks to leverage Bitcoin and stablecoins to challenge the banks’ “longstanding monopoly” over the money supply. 

He pointed to potential legislative initiatives such as the GENIUS Act, the upcoming CLARITY Act, and possibly the bitcoin Act as transformative measures that could shift money creation away from traditional banks and the Federal Reserve (Fed).

These proposed bills, according to Sage, could dismantle the fractional reserve banking system that has existed for over a century. The response from traditional bankers and globalists, Sage noted, has been one of desperation as they confront a reality where they may lose control over monetary systems for the first time.

Featured image from DALL-E, chart from TradingView.com