29, the beleaguered North Carolina congressman posed at a party with James Koutoulas, a hedge fund manager and the ringleader” of the LGB cryptocurrency coin, The Examiner reports. The right-wing Washington Examiner broke the story, reporting that the North Carolina Republican “may have violated federal insider trading laws.”Ĭawthorn repeatedly appeared to promote a cryptocurrency’s “meme coin” called “Let’s Go Brandon,” a direct attack on President Joe Biden.

Madison Cawthorn (R-NC) is being implicated by two well-known watchdog groups in what is being called a possible illegal insider trading “pump-and-dump cryptocurrency scheme.”