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Illinois Representative Marie Newman has disclosed she purchased up to $50,000 in exposure to crypto through shares of Grayscale Bitcoin Trust.
According to a financial disclosure report filed with the U.S. House of Representatives on Dec. 8, Congressperson Newman bought between $15,001 and $50,000 of GBTC between Nov. 9 and Dec. 4. In addition, she conducted four separate purchases of shares of Coinbase Global's Class A stock between November and December, up to $215,000.
Since the members need to report buying , selling or trading in amount of excess of more than $1000 as have been passed in the 2012 bill
According to data gathered from financial disclosure reports by Bitcoinpoliticians.org, six other members of Congress currently hold cryptocurrency or some exposure to crypto assets, including Wyoming Senator Cynthia Lummis, Texas Representative Michael McCaul, Pennsylvania Representative Pat Toomey, Alabama Representative Barry Moore, New Jersey Representative Jefferson Van Drew, and Florida Representative Michael Waltz. However, many federal judges and lawmakers have reportedly flouted the STOCK Act by not disclosing certain investments.
Some concerns have been raised over the member holding Crypto according to opinion that such decisions can control the affect with news from the inside so can easily be taken to profits
No reply was given by the concerned senatir
According to a financial disclosure report filed with the U.S. House of Representatives on Dec. 8, Congressperson Newman bought between $15,001 and $50,000 of GBTC between Nov. 9 and Dec. 4. In addition, she conducted four separate purchases of shares of Coinbase Global's Class A stock between November and December, up to $215,000.
Since the members need to report buying , selling or trading in amount of excess of more than $1000 as have been passed in the 2012 bill
According to data gathered from financial disclosure reports by Bitcoinpoliticians.org, six other members of Congress currently hold cryptocurrency or some exposure to crypto assets, including Wyoming Senator Cynthia Lummis, Texas Representative Michael McCaul, Pennsylvania Representative Pat Toomey, Alabama Representative Barry Moore, New Jersey Representative Jefferson Van Drew, and Florida Representative Michael Waltz. However, many federal judges and lawmakers have reportedly flouted the STOCK Act by not disclosing certain investments.
Some concerns have been raised over the member holding Crypto according to opinion that such decisions can control the affect with news from the inside so can easily be taken to profits
No reply was given by the concerned senatir
