US Congresswoman Reveals She Bought Ether and Litecoin Last Year
Hawaiian Representative Tulsi Gabbard bought more than $1,000 each of ethereum and litecoin last December, according to a public filing.
:format(jpg)/cloudfront-us-east-1.images.arcpublishing.com/coindesk/U2LGC7P7DFHQFDOEJBTG5UYCX4.jpg)
/arc-photo-coindesk/arc2-prod/public/LXF2COBSKBCNHNRE3WTK2BZ7GE.png)
U.S. Representative Tulsi Gabbard of Hawaii bought litecoin and ether late last year, a recently-published financial disclosure shows.
In a Financial Disclosure Report filed on August 14, Gabbard revealed that she bought more than $1,000 in ethereum and litecoin last December. The specific amounts of each token that she bought were not disclosed, though the form noted that her holdings for each are between $1,001 and $15,000 under the "Assets and 'Unearned' Income" category.
Both ethereum and litecoin also appeared under the "Transactions" category, confirming that she bought the tokens on Dec. 12, 2017. Ethereum's price reached a high of $659 and a low of $526 on that day, according to data from CoinMarketCap. At press time, it was trading at roughly $278.
Similarly, litecoin traded at a low of $230 and a high of $339 on that day, while trading at $55 as of press time.
Gabbard's disclosure noted that she did not make capital gains greater than $200 on either token.
She joins Virginia Representative Robert Goodlatte in owning cryptocurrencies, who revealed in a similar filing that he had bought bitcoin, bitcoin cash and ethereum. In his filing, Goodlatte stated that he bought between $1,001 and $15,000 in bitcoin cash and ethereum, and more than $15,000 in bitcoin.
Goodlatte declared no income from his cryptocurrency holdings.
A request for comment to Gabbard's office was not immediately returned.
Hat tip Neeraj Agrawal
Tulsi Gabbard image via Lorie Shaull / Flickr
Disclosure
Please note that our privacy policy, terms of use, cookies, and do not sell my personal information has been updated.
The leader in news and information on cryptocurrency, digital assets and the future of money, CoinDesk is an award-winning media outlet that strives for the highest journalistic standards and abides by a strict set of editorial policies. In November 2023, CoinDesk was acquired by Bullish group, owner of Bullish, a regulated, institutional digital assets exchange. Bullish group is majority owned by Block.one; both groups have interests in a variety of blockchain and digital asset businesses and significant holdings of digital assets, including bitcoin. CoinDesk operates as an independent subsidiary, and an editorial committee, chaired by a former editor-in-chief of The Wall Street Journal, is being formed to support journalistic integrity.
Learn more about Consensus 2024, CoinDesk's longest-running and most influential event that brings together all sides of crypto, blockchain and Web3. Head to consensus.coindesk.com to register and buy your pass now.