Donald Trump appointed David Sacks as the White House Artificial Intelligence and Cryptocurrency Chief to advance the United States’ progress in finance and technology. Sacks, a former COO of PayPal and one of the hosts of the All-In Podcast, is known for his support of Ripple $2 and his stance in the ongoing case against the SEC.
Setting Cryptocurrency and AI Strategies
Trump stated that Sacks would guide the country’s AI and cryptocurrency policies based on freedom and innovation. He added, “David will strengthen the United States’ global leadership in these critical areas and provide a free expression environment against Big Tech bias and censorship.”
Ripple CEO Brad Garlinghouse welcomed the appointment, emphasizing that Sacks has a deep understanding of technology and will present an innovation-based vision. “David will bring Trump’s progressive plans regarding AI and cryptocurrency to life,” he stated.
Ripple’s Victory and XRP Surge
Expectations regarding the future of the SEC case against Ripple have increased. Pro-XRP attorney John E. Deaton stated that Sacks’ interest in the Ripple case supports XRP. “David could significantly contribute to Ripple’s victory,” he remarked.
There is also positive momentum in Ripple’s prices. Currently, XRP is priced at $2.36, having shown a 50% increase over the past week. Ripple CEO Garlinghouse expressed his expectation for a more solution-oriented approach from the SEC in the United States.
Recent developments have encouraged Ripple supporters, while the increase in XRP’s market share attracts broader attention. Experts believe that new strategies under Sacks’ leadership could resolve legal issues between Ripple and the SEC.