On Tuesday, the Washington Examiner reported that experts suspect Rep. Madison Cawthorn, R-N.C., may have violated insider trading laws when he promoted a cryptocurrency named after a vulgar chant against President Joe Biden.
"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," reported Andrew Kerr. "'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."
