In a recent congressional trade report, it was revealed that Michael A. Collins, a congress member representing Georgia's 10th congressional district, has made significant investments in cryptocurrency. The transactions were carried out in early December. According to the report, Collins purchased an unspecified amount of cryptocurrency from two different sources, namely Aerodrome and Ski Mask Dog. Both transactions took place on the 1st of December, 2024. The value of each purchase is reported to be in the range of $1,001 to $15,000.
In addition to these transactions, Collins made another purchase from Ski Mask Dog the following day, on the 2nd of December. This transaction was also valued between $1,001 and $15,000.
This move by Collins reflects a growing interest in cryptocurrency among lawmakers. As the digital asset class continues to evolve and gain mainstream acceptance, it is expected that more public figures will invest in the sector. For investors looking to make informed decisions in the crypto market, InvestingPro offers real-time analytics, institutional flow tracking, and comprehensive market indicators across major cryptocurrencies.
This article was generated with the support of AI and reviewed by an editor. For more information see our T&C.