Breaking: Popular Rep. Madison Cawthorn Accused of ‘Potential’ Insider Trading — But Pelosi Walks Free?
The fangs are out for popular Representative Madison Cawthorn.
First, corrupt Democrats led by Hillary Attorney Marc Elias attempted to remove him from the ballot in North Carolina.
Then the Democrats and/or RINOs released months-old photos of Madison in lingerie on a cruise ship with his wife.
On Tuesday Project on Government Oversight, a far-left watchdog group, argued that Madison Cawthorn should be investigated for insider trading for a photo on Instagram with the Let’s Go Brandon cryptocurrency team at a party. The event took place the night before they publicly launched their cryptocurrency.
But Nancy Pelosi is famous for her family’s deal-making and insider trading and faces no repercussions.
Washington Examiner reported:
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.
NASCAR driver Brandon Brown announced on Dec. 30 that the meme coin would be the primary sponsor of his 2022 season, causing LGBCoin’s value to spike by 75%. Brown’s statement featured comments from Koutoulas, who was pictured with Cawthorn just a few hours prior.
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.
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