Congressman Mike Collins of Georgia's 10th congressional district is under scrutiny for his cryptocurrency trading activity. Since December 2024, he has purchased up to $45,000 worth of a meme coin called Ski Mask Dog (SKI), causing its value to skyrocket. The final purchase was undisclosed until New Year's Day, raising suspicion about the number of additional trades Collins made. This raises concerns about potential price manipulation by politicians. The reputation of Congresspeople as successful traders leads to regular investors mimicking their strategies, creating significant buying pressure. Similar trends are seen with public figures like Elon Musk. Another meme coin called KEKIUS MAXIMUS (KEKIUS) experienced a surge in value due to Musk's social media actions. Collins has become one of the most active digital assets investors in Congress, having purchased nearly $400,000 worth of various cryptocurrencies since late December 2023.



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