Cawthorn Investigated For Alleged Insider Trading

The Hill reports:

The House Ethics Committee has launched a probe into embattled Rep. Madison Cawthorn (R-N.C.) to determine whether he improperly promoted a cryptocurrency without disclosing he had a financial interest in it and whether he had an improper relationship with a staff member employed in his congressional office.

A Washington Examiner report first suggested that Cawthorn may have violated insider trading laws by promoting a cryptocurrency called Let’s Go Brandon. The issue prompted Sen. Thom Tillis (R-N.C.), who backed Edwards in the primary, to call for an ethics investigation into Cawthorn.

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Ethics panel investigating Cawthorn over crypto, improper staff relationship https://t.co/97EdFDmrD6 pic.twitter.com/KdHuzftvd8

— The Hill (@thehill) May 23, 2022

Duncan Hunter was sentenced to 11 months for stealing campaign funds; Chris Collins was sentenced to 26 months for insider trading – and Trump just pardoned both former GOP congressmen, who were his earliest House supporters in the 2016 campaign https://t.co/CWXDhNNr7m

— Manu Raju (@mkraju) December 23, 2020