Representative Mike Collins, who disclosed he had purchased up to $45,000 in Ether in 2023, reported up to $65,000 across two ETH buys in 2024.
According to disclosure documents filed with the U.S. House of Representatives, Georgia Representative Mike Collins purchased up to $65,000 worth of Ether (ETH) in 2024.
According to a Jan. 9 filing with the House’s Financial Disclosure Reports Database, Rep. Collins revealed he had purchased up to $15,000 worth of ETH on Jan. 3 and up to $50,000 worth of the token on Jan. 8. The U.S. lawmaker has been trading ETH since at least 2023 according to similar filings, reporting total purchases up to $110,000.
Under the Stop Trading on Congressional Knowledge Act, or STOCK Act, U.S. lawmakers are largely required to report investments to Congress. However, they are still permitted to oversee or propose legislation on matters potentially related to their investments, which many have called a potential conflict of interest between their public service and personal wealth.
