<\/p>\n
Kash Patel, director of the Federal Bureau of Investigation (FBI) , reportedly omitted reporting exposure to Bitcoin treasury company Strategy, in violation of federal law.<\/p>\n
According to a Wednesday report<\/a> from the nonpartisan nonprofit news agency NOTUS, Patel \u201cinadvertently omitted\u201d a Strategy (MSTR) investment worth as much as $250,000. The purchase, which Patel conducted on Nov. 21, 2025, wasn\u2019t included in his December 2025 financial disclosures, as required for a government official under the Stop Trading on Congressional Knowledge (STOCK) Act.<\/p>\n Source: <\/em>NOTUS<\/em><\/a><\/p>\n Patel filed an amended report on May 26, indicating that the Strategy holdings were \u201cinadvertently omitted\u201d and \u201cno current conflict exists\u201d with the investment. Under the STOCK Act, some government officials and lawmakers must disclose financial transactions exceeding $1,000 no later than 45 days after executing the trade. Strategy, formerly known as MicroStrategy, is a registered US government contractor, raising concerns about conflicts of interest with Patel\u2019s investments.<\/p>\n Although signed into law in 2012, the STOCK Act has come<\/a> under fire from many in Congress who claim that lawmakers and White House officials who violate it do not face severe penalties. First-time violators are only subject to a $200 fine under the law, with additional penalties falling short of the hundreds of thousands and millions of dollars offered in disclosures.<\/p>\n Related: <\/strong><\/em>Apple fixes bug that allowed FBI to read deleted Signal messages<\/strong><\/em><\/a><\/p>\n Patel isn\u2019t the only member of Congress or policymaker to fall behind in his Strategy investment disclosures. According to Capitol Trades, a website tracking politicians\u2019 investments, Representative Shri Thanedar waited<\/a> until August 2025 to report a $15,001 to $50,000 investment in Strategy made in June 2024.<\/p>\n The FBI director\u2019s reported late disclosures came in the wake of President Donald Trump’s release of financial records that revealed that his cryptocurrency ventures generated more than $1.4 billion<\/a> in income in 2025, exceeding that of his real estate businesses. <\/p>\n Many US lawmakers have criticized the president for profiting<\/a> from his position while in office through his memecoin launch, his family\u2019s crypto platform World Liberty Financial, and his sons\u2019 Bitcoin mining venture.<\/p>\nTrump discloses $1.4 billion in crypto-related income<\/h2>\n