U.S. politician makes super suspicious crypto trade
Lawmakers in the United States have an informational edge over the public — and their committee assignments mean that they, quite often, regulate the industries they invest in. There’s no shortage of suspicious stock trades being made — but the sighting of a suspicious crypto trade on Capitol Hill remains a much rarer and more interesting occurrence. While U.S. politicians still trade and invest in crypto on a much smaller scale than equities, there has been a notable uptick in activity since the start of the Trump presidency. Moreover, it’s apparent that lawmakers are not above using their unique advantages when it comes to digital assets. Finbold’s senatorial trading radar picked up an interesting filing recently, which reveals that Dave McCormick, the junior senator from Pennsylvania, invested a large sum of money into the world’s leading cryptocurrency, Bitcoin (BTC). Picks for you ...