Texas Republican Representative Brandon Gill is facing scrutiny after filing late disclosures for up to $500,000 in Bitcoin purchases, potentially violating federal law.
Gill, a first-term House member known for his bill proposing President Donald Trump’s face on the $100 bill, has reported two Bitcoin (BTC) purchases, each valued between $100,001 and $250,000, made on Jan. 29 and Feb. 27.
Both trades were disclosed weeks past the 45-day deadline required by the Stop Trading on Congressional Knowledge (STOCK) Act, a law aimed at curbing insider trading and financial conflicts among lawmakers.
Notably, Gill’s late January purchase occurred shortly after Trump signed an executive order promoting US leadership in digital assets. His late February buy came just ahead of Trump’s announcement of a “strategic Bitcoin reserve.”
Bitcoin traded around $102,000 and $85,000,…
