News

Madison Cawthorn reaped profits with crypto ‘pump and dump’ scheme, filing shows

By Andrew Kerr
Published May 27, 2022 6:20pm ET
Add Washington Examiner on Google
Madison Cawthorn reaped profits with crypto ‘pump and dump’ scheme, filing shows
Outgoing Rep. Madison Cawthorn (R-NC) revealed Friday he sold upward of $250,000 of the Let’s Go Brandon meme cryptocurrency on Dec. 31, 2021, the day it saw its market value peak. Less than a month later, the meme coin had lost 100% of its value. Multiple watchdogs told the Washington Examiner that the filing bolsters […]

Outgoing Rep. Madison Cawthorn (R-NC) revealed Friday he sold upward of $250,000 of the Let’s Go Brandon meme cryptocurrency on Dec. 31, 2021, the day it saw its market value peak. Less than a month later, the meme coin had lost 100% of its value.

Already a print subscriber? Click here to login/register your account

Trusted reporting.Unlimited access.

Subscribe for full access to Washington Examiner coverage, expert political analysis, and subscriber-only journalism.

Get Unlimited Access

Already a member? Log in

Cancel anytime.

Tag:

Congress Cryptocurrency House of Representatives Madison Cawthorn North Carolina Republicans SEC