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Intelligence Synthesis · April 11, 2026
Research Brief
Directed Inquiry: Investigate David Sacks: Search LDA for "Lobbying registrations by Craft Ventures portfolio companie

Directed Inquiry

Question: Investigate David Sacks: Search LDA for "Lobbying registrations by Craft Ventures portfolio companies on cryptocurrency, AI, or blockchain regulation 2022-2025". Would reveal advocacy activities by companies that could benefit from Sacks' policy decisions. Report any findings as factual claims with dates and evidence.

Date: 2026-04-11

Research Findings

Research into David Sacks and Craft Ventures portfolio companies' lobbying activities on cryptocurrency, AI, and blockchain regulation from 2022-2025 reveals limited formal lobbying disclosure evidence. While the crypto industry overall spent over $18.4 million on federal lobbying in the first half of 2025, specific LDA filings by Craft Ventures portfolio companies were not definitively identified in public records. The most significant portfolio company connection found was BitGo, a digital asset custody firm that Sacks invested in both personally and through Craft Ventures. BitGo received federal banking charter approval in December 2025 and filed for IPO in January 2026, positioning itself within the regulated crypto infrastructure space. The appointment of Sacks as AI and crypto czar in December 2024 creates potential conflicts given his continued investments in crypto startups through Craft Ventures, even after selling direct cryptocurrency holdings. However, no direct evidence was found of formal lobbying registrations by Craft Ventures portfolio companies specifically targeting the regulatory issues that would fall under Sacks' government purview.

Data Collected

  • Entities created: BitGo Holdings, Inc., Mike Belshe, Digital Chamber, GENIUS Act, CLARITY Act, BitGo Bank & Trust, National Association
  • Facts recorded: 9
  • Connections mapped: 4
  • Web sources consulted: 40

Sources

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