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Pennsylvania Senator Dave McCormick just made waves by scooping up $100K-$150K worth of Bitwise Bitcoin ETF shares across two back-to-back days in late November. Here's the kicker: dude sits on the Senate Banking Committee's digital assets subcommittee. Talk about awkward optics. Critics are already raising eyebrows over potential conflicts of interest—when you're literally helping shape crypto regulations while betting on the same market, people notice. The timing's particularly spicy given the current regulatory environment around digital assets. Whether this passes the smell test or becomes a bigger headache remains to be seen, but it's definitely sparking conversations about where the line should be drawn for lawmakers dabbling in the markets they oversee.

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0xTherapistvip
· 12-02 13:03
This guy is really bold, regulating on one hand while buying the dip on the other, does he really think no one is watching?
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GraphGuruvip
· 12-02 06:11
This guy is really playing with fire, making the rules while betting on himself, it's ridiculous.
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DefiPlaybookvip
· 11-30 17:43
Analyzing from three dimensions: First, Senator's operation indeed has typical characteristics of a conflict of interest; Second, according to public data, the $150,000 level ETF purchases, although small in proportion among institutional investors, have a huge impact; Third, when regulators also become market participants, the issue of information asymmetry will be magnified. It is worth noting that such operations have long been standardized in TradFi, but the crypto space is clearly still in a regulatory vacuum.
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GateUser-40edb63bvip
· 11-29 18:03
This guy is really bold, writing legislation while buying the dip, a typical "left hand controls the right hand" play.
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FrontRunFightervip
· 11-29 17:58
ngl this is literally textbook dark forest behavior from the political elite... dude's writing the rulebook while frontrunning the market? that's not awkward optics, that's full-blown system exploitation fr fr
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OnchainFortuneTellervip
· 11-29 17:56
This operation by the brother is too blatant, the regulators have become investors, it's hilarious.
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ChainMelonWatchervip
· 11-29 17:54
Ha, this is ridiculous, legislating while buying the dip, how funny is that?
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