DETERMINATION #10
Honest Abe
“Not a lot of people know this, but Congressman Mike Collins is literally one of the most active crypto traders in the entire Congress, House or Senate.”

Jon Ossoff · Campaign rally, Atlanta · August 16, 2026 (Said from the stage at a campaign rally, carried by C-SPAN. Ossoff is running against Collins for the Georgia Senate seat, which is why he was talking about him at all.) · where they said it

Collins is the most prolific crypto trader in the House, by his own disclosures

This one is a ranking claim, and rankings are checkable because the filings are public. Members of Congress have to report any trade over $1,000 under the STOCK Act. Collins's filings are unusually busy. CoinDesk went through them in December 2024 and found his was "the most extensive record, according to his disclosures, with 19 trades going back to November" — the most active direct crypto trader in the House at the time. The Campaign Legal Center's read of the 2023 and 2024 disclosures put him third across the whole Congress. It did not stop. His 2025 filings show around a dozen more crypto trades, several of them Ethereum purchases in the tens of thousands, and a position of up to $150,000 in a memecoin called Ski Mask Dog that then collapsed. Net crypto spending across the filings runs somewhere between $68,026 and $495,000; current holdings between $118,005 and $345,000. Those are wide bands because the law only asks for bands. So Ossoff said "one of the most active," and the best single source says Collins is simply the most active. A hedge that generous over a record that strong is not a hard bar to clear. Two honest limits. Disclosure only captures trades over $1,000, so every ranking here is a ranking of what was disclosed, not of everything that happened. And "active" is a count, not a sum — CoinDesk notes other members have moved bigger money, pointing at Shri Thanedar selling at least $365,000 in various coins. Ossoff said active, and on the count he is right. Ossoff is running against Collins for this seat. That is worth saying out loud, and it is not a reason to mark the claim down. An opponent raising a public record is what opponents are for. The question is only whether the record says what he said it says, and it does.

What we read

Every document behind this determination. Disagree with the reasoning, not the vibes.

01
Financial Disclosure Reports and Periodic Transaction Reports
Office of the Clerk, U.S. House of Representatives · primary · 8/16/2026

“The underlying record. Members must file a periodic transaction report for any trade over $1,000, in bands rather than exact figures — which is why every number in this determination is a range.”

02
U.S. Congress' Most Prolific Crypto Trader Is a Georgia Trucking Operator
CoinDesk · report · 12/4/2024

“Went through the filings and found Collins's "is the most extensive record, according to his disclosures, with 19 trades going back to November." Also notes others have moved larger sums, naming Shri Thanedar selling at least $365,000.”

03
These Are the Members of Congress Who Are Trading Crypto
The Intercept · report · 1/8/2025

“A second pass over the same disclosures, reaching the same place: Collins is among the small handful of members trading crypto directly, and the busiest of them.”

04
Congressman or Crypto Trader? Mike Collins' Winning Streak
Capitol Trades · report · 7/15/2025

“Tracks the 2025 filings, including the repeated Ethereum purchases, so the record is current rather than a two-year-old snapshot.”

05
Is Mike Collins one of Congress' most active crypto traders?
PolitiFact · report · 9/2/2026

“Rated the same claim True. Carries the Campaign Legal Center's ranking of the 2023-24 disclosures, which put Collins third across the whole Congress, and the cumulative ranges. Collins's campaign did not respond to them.”

Every determination on FOS is an opinion, formed from the sources above and published with them so you can check our work. How we do this.