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Madison Cawthorn implicated in potential insider trading scheme, experts say (1 Viewer)

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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.

MADISON CAWTHORN SPENT TAXPAYER FUNDS AT LUXURY RESORT

"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.

"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."

"I think there's probably a strong case here," Hedtler-Gaudette added. "I don't want to prejudge, but based on everything that's out there, I think there is a very strong possibility that if someone is going to investigate this, they're going to find something."

snip
 
Not sure he's smart enough to engange in insider trading.
 

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.

MADISON CAWTHORN SPENT TAXPAYER FUNDS AT LUXURY RESORT

"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.

"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."

"I think there's probably a strong case here," Hedtler-Gaudette added. "I don't want to prejudge, but based on everything that's out there, I think there is a very strong possibility that if someone is going to investigate this, they're going to find something."

snip
Once again, this guy is a tool. Period.
 
May have? Is this what we are calling news these days?
 
Not sure he's smart enough to engange in insider trading.
Once again, this guy is a tool. Period.
Interesting. I agree with both. I wonder what the cut was.

"Here, Cawthorn. Wouldja pick me up some o'them stock thingies. I'll introduce you to these Portuguese hookers.

"Hi Cawthorn!!! Hi big guy!!!! Wanna hear a joke? 'What's the hardest part about eating your vegetables?'




















...Haaaa!!!! That's cute. No, it's still, "getting past the wheelchair," silly. Blue pill?"
 
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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.

MADISON CAWTHORN SPENT TAXPAYER FUNDS AT LUXURY RESORT

"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.

"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."

"I think there's probably a strong case here," Hedtler-Gaudette added. "I don't want to prejudge, but based on everything that's out there, I think there is a very strong possibility that if someone is going to investigate this, they're going to find something."

snip
Those damn corrupt republicans. It's only republicans, never democrats. Right.

https://www.businessinsider.com/congress-stock-act-violations-senate-house-trading-2021-9


Did you reel anything in with yet another stupid thread?
 
Those damn corrupt republicans. It's only republicans, never democrats. Right.

https://www.businessinsider.com/congress-stock-act-violations-senate-house-trading-2021-9


Did you reel anything in with yet another stupid thread?
Hi, seems you don't like my threads and that is okay. You know what adults do on forums when they read something they personally find not interesting? They scroll on by. Try it out
 
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This guy just never quits being entertaining.
 
We are shocked to find out there is gambling in Rick's Cafe!

Now we know everything he says about the DC sex parties for congressmen is true.
 

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