Introduction

Representative Brandon Gill (R-TX) was recently found to have failed to disclose two significant Bitcoin transactions on time as required by the Stop Trading on Congressional Knowledge (STOCK) Act. This incident has sparked controversy regarding the transparency and conflicts of interest of lawmakers investing in cryptocurrency. In the context of growing attention on the crypto market in the USA, this article provides a detailed analysis of the incident, related political context, and its impact on the cryptocurrency industry.

Brandon Gill's Disclosure Regulation Violation

According to reports from #OpenSecrets , on January 29 and February 27, 2025, Brandon Gill purchased Bitcoin with a total value ranging from $200,002 to $500,000, but only disclosed these transactions on June 2, 2025, well beyond the 45-day deadline mandated by the STOCK Act. This law, enacted in 2012, requires lawmakers to timely report asset transactions, including digital assets like Bitcoin, to prevent insider trading and ensure transparency.

Although violations of the STOCK Act incur a fine of $200 and are often waived by congressional ethics committees, Gill's incident raises concerns about transparency, particularly as he is a strong proponent of cryptocurrency. Two other transactions by Gill in May were reported on time, but the prior delay still attracted attention.

Political Context and Connection to Trump

Brandon Gill is a member of the group of lawmakers close to former President Donald Trump, who is pushing for deregulation policies for the crypto industry. Gill's Bitcoin transaction in January occurred shortly after $TRUMP signed an executive order promoting deregulation for digital assets. On March 6, 2025, Trump announced the "strategic Bitcoin reserve" initiative, coinciding with Gill's second transaction.

Gill, the son-in-law of conservative commentator Dinesh D’Souza (who was pardoned by Trump in 2018), is a member of three House committees and is noted for controversial proposals, such as replacing Benjamin Franklin's image with Donald Trump's on the $100 bill. He also supports several bills to ease regulations for the crypto industry, aligning with the current political trend.

The Trump family is also deeply involved in the crypto market, with projects ranging from NFTs to yet-to-be-launched DeFi platforms. Trump's sons, Eric and Donald Jr., are also developing multiple related projects. Meanwhile, the Securities and Exchange Commission (SEC) has canceled several investigations into crypto companies under the current administration, facilitating the industry.

Impact on the Crypto Market

Gill's case highlights a growing trend of lawmakers in the USA investing in crypto while supporting policies favorable to the industry. However, it also raises concerns about conflicts of interest.

The Democratic Party, led by Representative Maxine Waters, has proposed legislation banning officials and their families from owning or launching crypto projects while in office, but has not received support from the Republican Party. Transparency in officials' crypto transactions could affect investor trust in the market.

Suggestions for Investors

  • Monitor crypto policy in the USA: Deregulatory moves could create opportunities for blockchain projects, particularly on the BNB Chain.

  • Assess political risk: Conflicts of interest among lawmakers could affect market volatility.

  • Focus on reputable projects: Prioritize projects with high transparency to mitigate risks.

Risk Warning: Investing in cryptocurrency carries high risks due to significant price volatility. #anhbacong