U.S. Senator Lummis Purchased $50,000 to $100,000 in Bitcoin in August

U.S. Sen. Cynthia Lummis disclosed that she bought between $50,001 and $100,000 value of bitcoin on Aug. 16, in response to paperwork filed Thursday, the report mentioned. The acquisition seems to have been disclosed outdoors of the 45-day reporting deadline set by Congress. The 2012 Inventory Act reportedly requires members of Congress to reveal purchases and gross sales of shares, bonds and commodity futures inside 45 days of the transaction. The congresswoman has lengthy been a bitcoin bull. She beforehand mentioned she had first bought bitcoins in 2013 for $330 every. Lummis’ bitcoin disclosures had been reportedly beforehand scrutinized.

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