In a recent congressional trade report, it was revealed that Michael A. Collins, a congress member representing Georgia’s 10th congressional district, has made a significant investment in the cryptocurrency company, Velodrome.
The transaction, which took place on May 17, 2024, involved a purchase of Velodrome assets. The exact dollar value of the trade falls within the range of $1,001 to $15,000. This information, while not providing a precise figure, gives an indication of the scale of Collins’ investment.
The type of asset bought by Collins is categorized as cryptocurrency, a digital or virtual form of currency that uses cryptography for security. This investment represents a growing trend among investors who are increasingly looking at the digital currency market as a potential source of profit.
The report did not disclose the type of account used by Collins for this transaction. However, it is common for congress members to use…
