Vultron, an AI startup, announced a $22 million funding round with Craft Ventures prominently featured as a key investor. David Sacks, co-founder of Craft Ventures and a White House AI adviser, has faced scrutiny over potential conflicts of interest. His dual roles have raised ethical questions, as he has received two ethics waivers allowing him to influence federal policy while holding financial interests in industries he regulates. Critics, including an ethics law professor, contend that such arrangements blur the lines between public service and private profit, raising concerns about governance integrity.
This is a lawyer in the White House Counsel's office doing Trump's bidding, letting [Sacks] make money while insulating him from criminal liability.
The fact that this interest is just 3.8% of someone's total assets, that's something if you're talking about a law professor. But 3.8% of this guy's assets is a heck of a lot of money.
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