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Home » Trump’s Crypto Czar Role Sits Empty as White House Names Vance Fraud Czar
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Trump’s Crypto Czar Role Sits Empty as White House Names Vance Fraud Czar

MNK NewsBy MNK NewsApril 3, 2026No Comments2 Mins Read
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The White House no longer has a dedicated crypto policy lead, just days after President Donald Trump gave Vice President JD Vance a new enforcement mandate as “Fraud Czar.”

Trump announced the Vance appointment on Truth Social, directing the vice president to target what he called unprecedented taxpayer fraud in blue states. The move follows David Sacks’ quiet departure from the crypto czar position on March 26.

Sacks Out, No Replacement Coming

Sacks confirmed that he had used up his 130-day limit as a special government employee. The departure was not a resignation or termination. Federal law caps special government employee service at 130 days within a 12-month period.

The White House confirmed it will not appoint a replacement. Sacks transitioned to co-chair of the President’s Council of Advisors on Science and Technology (PCAST), an advisory body that produces recommendations but lacks operational policy authority.

He joins Mark Zuckerberg, Jensen Huang, and Marc Andreessen on the council.

His exit leaves the CLARITY Act stalled in the Senate and the broader crypto market structure bill unfinished.

Senator Bernie Moreno has warned that if the bill does not reach the Senate floor by May, it risks going dark until after the midterm elections.

Vance Turns to Fraud

Meanwhile, Trump’s “Fraud Czar” designation gives Vance a mandate focused on government spending enforcement.

Trump named California, Illinois, New York, Minnesota, and Maine as primary targets, claiming recovered funds could balance the federal budget.

Federal raids have already begun in Los Angeles, with arrests tied to $50 million in healthcare fraud.

The two czar roles are unrelated in scope. However, the contrast is notable.

The administration is deploying enforcement resources toward fiscal fraud while leaving the crypto policy seat empty at a critical legislative moment.

Read original story Trump’s Crypto Czar Role Sits Empty as White House Names Vance Fraud Czar by Lockridge Okoth at beincrypto.com



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