Members of Congress have been actively buying up Bitcoin (CRYPTO: BTC) and Bitcoin ETFs over the last 12 months. Many of the purchasers are allies of President Donald Trump and serve on financial committees, which could be a conflict of interest.
Congressman Buys Bitcoin
Congressman Byron Donalds (R-Fla.) recently disclosed buying $50,000 to $100,000 in Bitcoin, as reported by the Benzinga Government Trades page.
The purchase came alongside Donald disclosing the sale of shares of Abbott Laboratories (NYSE:ABT) and the purchase of shares of Comfort Systems