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FBI Director’s MicroStrategy Stock Delay | Bitcoin and Crypto News
Description
FBI Director Kash Patel may have violated federal disclosure rules after quietly buying $100K–$250K worth of MicroStrategy stock in November—only reporting it six months later. While officials call it a “miscommunication,” the STOCK Act demands trades over $1,000 be reported within 45 days. Critics say this isn’t just an oversight—it’s a conflict of interest, especially since the FBI investigates crypto scams and MicroStrategy has ties to federal agencies. The DOJ isn’t fining him, but the controversy reignites debate over whether government officials should trade stocks in companies their agencies oversee. MicroStrategy’s stock has dropped nearly 50% since Patel’s purchase, adding fuel to the fire over transparency in power.
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