PoliticsMadison Cawthorn Crime Spree Now Includes Implications Of Illegal...

Madison Cawthorn Crime Spree Now Includes Implications Of Illegal Insider Trading

Rep. Madison Cawthorn has been implicated in an illegal cryptocurrency insider trading scheme.

The Washington Examiner reported:

Multiple watchdog groups told the Washington Examiner that Cawthorn’s Dec. 29 Instagram post suggests the lawmaker may have had advanced nonpublic knowledge of LGBCoin’s deal with Brown. The watchdogs said the post, combined with Cawthorn’s statement that he owns LGBCoin, warrants an investigation from the Department of Justice and the Securities and Exchange Commission to determine whether the lawmaker violated federal insider trading laws.

“This looks really, really bad,” said Dylan Hedtler-Gaudette, the government affairs manager for Project on Government Oversight, a federal watchdog group. “This does look like a classic case of you got some insider information and acting on that information. And that’s illegal.”

For those of you keeping score at home, this is at minimum Cawithorn’s second criminal offense of the day. Earlier on Tuesday, Cawthorn was cited for carrying a gun into the Charlotte airport, which was the second time since 2021 that he was cited for that offense.

Cawthorn also has multiple DUIs and arrests for driving with a suspended license. Rep. Cawthorn hangs out with Matt Gaetz and Marjorie Taylor Greene. House Minority Leader Kevin McCarthy claims that he told Cawthorn to get his life together.

Rep. Cawthorn isn’t listening, and the next step could be a federal criminal investigation.

Original Source Link

Latest News

Why the Fed keeping rates higher for longer may not be such a bad thing

US Federal Reserve Board Chairman Jerome Powell arrives to testify at a House Financial Services Committee hearing on...

Renzo’s ezETH depegs to $688 following end of airdrop farming window

Despite the temporary price depeg, a trader made nearly $400,000 in profit due to the unfortunate incident. Original Source...

EU conducts ‘dawn raid’ on Chinese security equipment supplier

Unlock the Editor’s Digest for freeRoula Khalaf, Editor of the FT, selects her favourite stories in this weekly...

How a tiny group of US lawmakers and aides wrote the TikTok ban bill, concealing their efforts to avoid TikTok's lobbying, alongside the DOJ...

New York Times: How a tiny group of US lawmakers and aides wrote the TikTok ban bill, concealing...

Donald Trump Has A Massive Pennsylvania Problem

The Pennsylvania presidential primary didn’t have any contested contests, but Trump managed to lose nearly 17% of the...

Must Read

12 Local Things to do in San Francisco, CA for Newcomers

Nestled along the iconic hills of Northern California,...
- Advertisement -

You might also likeRELATED
Recommended to you