Texas Congressman Brandon Gill faces scrutiny for late filing of $500,000 in Bitcoin transactions

Odaily Planet Daily News: Brandon Gill, a Republican congressman from Texas, is facing scrutiny for delaying the disclosure of $500,000 worth of Bitcoin transactions. These transactions may violate the 45-day disclosure period stipulated in the Stop Using Congressional Knowledge Act (STOCK Act). Gill disclosed two Bitcoin transactions on January 29 and February 27, each worth between $100,000 and $250,000, but both exceeded the disclosure period by several weeks. It is worth noting that the January transactions occurred shortly after Trump signed the digital asset executive order, and the February transactions were on the eve of Trump's announcement of the "Strategic Bitcoin Reserve" plan. Gill also disclosed two Bitcoin transactions in May on time. Under the STOCK Act, delayed disclosure is usually fined only $200. Gill currently serves on the Oversight and Government Reform Committee, the main investigative body of the House of Representatives. (Cointelegraph)