Collins bought $1,000 to $15,000 in Ski Mask Dog Coin twice in December 2024 and eight times in 2025. The Congressman did sell a portion of his stake worth $1,000 to $15,000 back in December 2024.

Ski Mask Dog Coin hit all-time highs of $0.3639 in December 2024 shortly after Collins’ purchases were made public. Today, the coin trades at $0.05153.

A bill to ban members of Congress from buying and selling stocks, options and ETFs has gained momentum in Congress, but doesn’t include a ban on cryptocurrency investing.

A previous Benzinga poll asked if members of Congress should be able to invest in cryptocurrency. Here are the results.

• No, they shouldn’t be able to invest in cryptocurrencies: 48%

• Yes, as long as they disclose: 30%

• Yes, but through ETFs and not actual cryptocurrencies: 15%

• Yes, they don’t need to disclose: 8%

The poll found that nearly half of voters said that members of Congress shouldn’t be able to invest in cryptocurrency. Only 30% supported the current method of allowing them to invest as long as they disclose.

The purchase and disclosure from Collins buying Ski Mask Dog Coin could be the perfect example of why the public is against Congress investing in cryptocurrency. While investing in Bitcoin, Ethereum and large Bitcoin ETFs doesn’t significantly move the price, disclosures that show investments in meme coins could cause significant price action.

Photo Courtesy: Zakharchuk via Shutterstock

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This article Congressman Has Bought Ethereum Four Times In 2025 Before All-Time Highs: Here’s The Potential Profits originally appeared on Benzinga.com