U.S. Congressional Blockchain Group Co-Chairman fined $50,000 for violating ethics

Republican Congressman David Schweikert, co-chair of the U.S. Congressional Blockchain Caucus, was fined $50,000 for violating ethical guidelines. According to the report, David Schweikert violated 11 project ethics codes including campaign financial reporting errors. David Schweikert serves as one of the co-chairs of the U.S. Congressional Blockchain Core Group, which aims to advocate and promote blockchain technology and related applications.