United States President Joe Biden’s appointed White House technology policy advisor, Tim Wu, holds millions worth of cryptocurrencies, particularly Bitcoin (BTC) and Filecoin (FIL), as per Monday’s published report of Politico. The report notes that Wu filed a specific financial release just recently that reflects a BTC holding amounting to about $1 million to $5 million and $100,001 and $250,000 worth of FIL.
Wu, who is well known for his stint as a legal scholar and law professor at the Columbia University, was once an avid Bitcoin critic. Three years ago, Wu was one of the critics openly labeling BTC as but a niche. This was when the top crypto surged to its then all-time high of about $20,000. On top of that, Wu had also been recognized for being a critic of some of today’s most prominent firms and was actually the one responsible for the term “net neutrality” all the way back in 2003. Politico’s report states that Wu had now moved on from criticizing BTC and cryptocurrencies in general, as evidenced by his now extensive holdings.
Based on his estimated current BTC holdings, the White House technology policy advisor may have about 29 to 146 BTC in his wallet.