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A US Representative is in hot water after some late disclosures about Bitcoin purchases worth potentially half a million dollars! 💰 Federal law requires these reports within 45 days, but it seems these filings were a bit behind schedule.
Interestingly, one purchase came right after Trump's crypto executive order, and another just before an announcement about a "strategic Bitcoin reserve." 🤔
He also disclosed other Bitcoin buys that were on time, plus holdings in traditional investments. The penalty for late filings? A mere $200! 🤷‍♂️ Some say that's a joke, considering the potential for conflicts of interest.
This lawmaker sits on key House committees and is a known crypto supporter. He's even pushing for transparency in other areas. 🧐 What do you think of this situation?
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