Following the fallout of Sam Bankman-Fried’s (SBF) fraudulent actions, David Sacks, former White House Encryption and AI Director, has publicly criticized effective altruists’ continued approach to Artificial Intelligence policy. He argues that their unchanged stance on AI development could hinder U.S. competitiveness in the global AI race. Sacks’ comments have reignited a debate about the role of these groups within technology policy, with critics arguing that this inertia might lead to significant economic consequences for the nation. 3% declines were witnessed across major cryptocurrencies like ETH, XRP, and DOGE as market participants reacted to Sacks’ commentary on May 17th. Sacks warned that if effective altruists fail to adapt their strategies, the U.S. could fall behind in the AI race. This has raised concerns amongst market analysts, government officials, and crypto enthusiasts alike about potential policy adjustments needed to maintain a competitive edge in this rapidly developing technological landscape.