The allegations stem from Cawthorn's involvement with Let's Go Brandon coin, a cryptocurrency based on the conservative meme mocking President Joe Biden.
— have made him a magnet for controversy as the GOP looks to regain majority control of the House in the midterm elections., and a Tillis-tied super PAC reportedly spent more than $300,000 on ads that attacked Cawthorn.
A spokesman for Cawthorn did not immediately respond to CNBC's request for comment. In an Instagram post Tuesday night, Cawthorn slammed "Rino senators and establishment pawns [who] want us to go back to the days before [former President Donald] Trump."that Cawthorn may have broken federal insider trading laws, which restrict investors from profiting off non-public information.
Cawthorn has publicly boasted about his holdings of the Let's Go Brandon coin, a cryptocurrency which gets its name from a conservative meme mocking PresidentJames Koutoulas, a lawyer and fund manager who is described in an investor lawsuit as the co-founder of the company, posted a photo on Instagram on Dec. 29 at a party with Cawthorn and Erik Norden, another co-founder of the crypto currency.
Let's Go Brandon coin's value shot up more than 75% after the announcement, bringing the total value of all the coins in circulation to more than $570 million, according to news reports. Days later, NASCAR
Norge Siste Nytt, Norge Overskrifter
Similar News:Du kan også lese nyheter som ligner på denne som vi har samlet inn fra andre nyhetskilder.
Lawrence: New tapes reveal what McCarthy really thinks of fellow RepublicansIn new recordings obtained by The New York Times, House Minority Leader Kevin McCarthy can be heard warning fellow House Republican leadership about the potential for violence from the more extreme members of the GOP conference. MSNBC's Lawrence O'Donnell shares his thoughts on this latest example of chaos in the Republican party.
Les mer »
Rep. Cawthorn cited again for weapon at TSA checkpointRep. Madison Cawthorn is due to appear next month on misdemeanor charges of driving with a revoked license.
Les mer »
TSA: Airport security finds loaded gun in Cawthorn's bagOfficials say a loaded gun was found in North Carolina Rep. Madison Cawthorn’s carry-on bag at an airport security checkpoint.
Les mer »
Crime Is On the Rise, Thanks Entirely to Madison CawthornThe congressman tried to bring a loaded gun through airport security in North Carolina on Tuesday, continuing his one-man spree.
Les mer »
NPR Cookie Consent and Choices
Les mer »