Madison Cawthorn implicated in potential insider trading scheme, experts say (source is RW)

[demmiblue]

EXCLUSIVE — Rep. Madison Cawthorn may have violated federal insider trading laws as he hyped up an alleged pump-and-dump cryptocurrency scheme, multiple watchdog groups told the Washington Examiner.

On Dec. 29, the beleaguered North Carolina congressman posed at a party with James Koutoulas, a hedge fund manager and the ringleader of the Let's Go Brandon cryptocurrency, a meme coin set up in the wake of the chant mocking President Joe Biden.

"LGB legends. ... Tomorrow we go to the moon!" Cawthorn, who has stated publicly he owns the cryptocurrency, posted on Instagram in response to the picture posted on Koutoulas's Instagram page.

The next day, LGBCoin did exactly as the lawmaker predicted.

https://www.washingtonexaminer.com/news/house/madison-cawthorn-implicated-in-potential-insider-trading-scheme-experts-say

Link to tweet

Link to tweet

[calimary]

1. Somebody PLEASE show him the door!

[Brother Buzz]

3. In a pinch, we could show him the open third story window

[paleotn]

18. Hey, whatever works. Make it so.

[Norbert]

6. Hopefully it is a cell door.

[Irish_Dem]

2. Another R on a tax payer funded crime spree.

[Jilly_in_VA]

4. WHAT

is going on with Little Big Wheels? Is he actively trying to get himself in so much trouble that he won't have to retire gracefully from his congressional run because he'll be in so much trouble people will be clamoring for him to quit, or is he just on a drunken bender?

[BradAllison]

8. I think he's having a nervous breakdown

Even the most ardent right wingers are ready to jettison him to get any old boilerplate idiot in his spot, and his career at what, 30? looks to be wrapping up. Jail or offing himself is next.

[calimary]

12. "Little Big Wheels"!?!

LOVE this!!!!

[IjustDontlikeRepugs]

16. Or...

I think Trae Crowder calls him Heil on Wheels.

[Jilly_in_VA]

19. That's actually more appropriate for Gov. Abbott

who I call "Gov. Hot Wheels" because he acts like he thinks he's hot stuff. Someone here got all over me for that, but when I tried to explain that I actually got both sobriquets from a chairbound friend they got even more self-righteous. I finally had to block that person.

[IjustDontlikeRepugs]

20. Some people need to just lighten up.

[sop]

5. Hasn't been a good year so far for young Madison.

[sarcasmo]

7. 3 driving without a license stops, insider trading, only the start for a member of the GOP.

[keithbvadu2]

10. So Cawthorn actually introduced some legislation. Self-serving of course.

So Cawthorn actually introduced some legislation. Self-serving of course.

[Jilly_in_VA]

14. AND

carrying a gun at the airport. Don't forget that.

[Hekate]

17. And strapped on a knife at some school event

Good gawd — that boy ain’t right

[GoCubsGo]

9. He was also just caught carrying a gun into the Charlotte airport--AGAIN.

I'm not sure who I hold in higher contempt: This disgusting shithead, or the idiots who voted this little asshole into Congress.

[Turbineguy]

11. What's the point of being a republican

if you can't steal?

[Walleye]

13. I'm sure he thinks he did nothing wrong. No ethics, no morals

[RicROC]

15. Book him!