David Sacks, responsible for AI and encryption affairs, recently had a public dispute on social media.
He said that five months ago, mainstream media reporters began digging up his “dirt,” trying to create a big news story about a conflict of interest. And what was the result? He rebutted each of those so-called bombshells—everything from dining privately with tech tycoons, promising to arrange meetings with the president, to manipulating defense contracts, all of it was fabricated.
The funniest thing is that every time he presents evidence to refute, the other party just changes their angle and continues to attack. This article dragged on for five months, and the final version? It has no substantial content, just some trivial gossip snippets.
Sacks clearly couldn't take it anymore and directly hired a team of lawyers, even making the lawyer's letter public online. His meaning is very clear: since you don't intend to report properly, then see you in court.
This matter serves as a reminder for the encryption industry – every move of the regulators is under a magnifying glass, and any slight disturbance could be amplified into a “scandal.”
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CryptoPunster
· 4h ago
Haha, after five months, this is all they came up with? The scriptwriting level of mainstream media is concerning.
Sacks is directly served with a lawyer's letter this time, quite tough. But to be fair, our crypto world executives have it tough – even having a meal can be labeled as embezzlement, it's really hard.
When mainstream media can't dig up solid evidence, they start making things up, I'm familiar with this routine. Anyway, in the end, court documents are the most convincing, let the bullets fly for a while.
Regulatory pros really live under the spotlight, every move is news. This time, Sacks dared to fight back, which gave some morale to the industry insiders.
To be honest, after five months of drafting, they finally released this little bit, the reporting team must feel awkward. No matter how they revise this press release, it won't make a big difference.
Such things happen often in our encryption circle, who hasn’t been blackened before? Sacks's hard response is refreshing, much better than those who secretly shift the blame.
Let's wait for the court's judgment, this time mainstream media might really hit a brick wall. In the end, it's still the gossip without evidence that's the cheapest.
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Ser_Liquidated
· 4h ago
These journalists are playing word games here, rewriting for five months just to dodge the law?
Sacks played this hand beautifully, directly firing back with a lawyer's letter, this is how the crypto circle should respond.
After five months of black material battles, there's nothing in the end, isn't this just fishing for reports?
Mainstream media's obsession with encryption has really reached a critical point, haha.
Once the lawyer's letter was issued, certain journalists should be tucking their tails between their legs.
After five months of dragging on without yielding anything, this news value is really something.
Sacks' operation this time has garnered a lot of applause in the industry, right?
With evidence slapped in their faces, they dare to change their tune; the media really thinks we are fools.
Now I understand, the so-called "heavy investigation" is at this level.
Putting the lawyer's letter online, I just like this straightforward way of confrontation.
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BtcDailyResearcher
· 4h ago
Haha, the tricks of mainstream media are indeed annoying. After five months, they still can't produce anything.
Sacks's move is fine, just need to confront directly.
The media digs for gossip every day, but the real information is absent.
To be honest, this is quite heartbreaking for us; every move of figures in the crypto world is being scrutinized.
Mainstream media loves to create hype; if refuted, they just change angles and continue.
The lawyer's letter is brilliant, directly escalating to the legal level.
This is the attitude that should be taken; don't let them make up stories at will.
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CryptoWageSlave
· 4h ago
Five months to come up with this little bit? The media really let it go.
Mainstream reporters digging up black material and repeatedly revising their drafts, this rhythm is too disappointing.
Those in the know can see it clearly, they just want to ride the heat.
Sacks' lawyer letter is really a slap in the face, let's see real skills in court.
Regulators under the spotlight are just trouble, every move becomes material.
This trap is uncomfortable for anyone, being able to counterattack is already good enough.
Media vs. celebrity, it's just an eternal battle, who do you think wins?
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BridgeNomad
· 4h ago
nah this is giving corporate pr cleanup energy... five months of digging and they come up empty? smells like trust assumption failure tbh. reminds me of the time bridge audits looked "clear" before the exploit dropped—everyone glossing over the actual attack vectors. media doing slippage tolerance on facts, fr.
The American encryption czar angrily confronts mainstream media: After five months of blackmail battle, it finally ends up in court.
David Sacks, responsible for AI and encryption affairs, recently had a public dispute on social media.
He said that five months ago, mainstream media reporters began digging up his “dirt,” trying to create a big news story about a conflict of interest. And what was the result? He rebutted each of those so-called bombshells—everything from dining privately with tech tycoons, promising to arrange meetings with the president, to manipulating defense contracts, all of it was fabricated.
The funniest thing is that every time he presents evidence to refute, the other party just changes their angle and continues to attack. This article dragged on for five months, and the final version? It has no substantial content, just some trivial gossip snippets.
Sacks clearly couldn't take it anymore and directly hired a team of lawyers, even making the lawyer's letter public online. His meaning is very clear: since you don't intend to report properly, then see you in court.
This matter serves as a reminder for the encryption industry – every move of the regulators is under a magnifying glass, and any slight disturbance could be amplified into a “scandal.”