According to the latest news in Bloomberg, US President Joe Biden's communications director has close relations with the crypto industry.
According to the news published yesterday, White House Communications Director Ben LaBolt previously served Andressen Horowitz, who has investments in DeFi exchange Uniswap and Coinbase. The communications officer advised the crypto phenomenon with his former partner, Bully Pulpit Interactive.
Uniswap's name is clearly seen in the government official's financial asset report, which was announced on April 21.
Apart from the DeFi platform, it was revealed that giant companies such as Meta, Union Pacific and Shopify had previously received consultancy services from LaBolt.
Does Biden Have Cryptocurrency In His Hands?
Ben LaBolt, who serves as President Biden's director of communications, has resonated with the fact that he owns a substantial amount of crypto assets.
According to his personal asset statement, LaBolt holds Bitcoin with an estimated value of $50,000-100,000 and Ethereum with an estimated value of $15,000-$50,000.
In the statement made, it was stated that the communication officer did not act against the ethical rules.
