Republican Rep. Madison Cawthorn failed to properly disclose up to $950,000 in cryptocurrency trades

[mahatmakanejeeves]

Source: Business Insider

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Republican Rep. Madison Cawthorn failed to properly disclose up to $950,000 in cryptocurrency trades, including 'Let's Go Brandon' coin, bitcoin, and ethereum

Kimberly Leonard, Dave Levinthal, and Madison Hall 2 hours ago

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Republican Rep. Madison Cawthorn of North Carolina appears to have again violated a federal conflict-of-interest law by failing to properly report purchases and sales of six types of cryptocurrencies, according to a new congressional financial disclosure.

The reported value of Cawthorn's newly disclosed crypto trades is between $290,000 and $950,000, according to his disclosure, which he filed with the US House of Representatives on Wednesday morning.

Cawthorn reported his trades took place between January and March. By federal law, he had no more than 45 days to publicly disclose them in a certified document submitted to Congress.

The value of his newly reported crypto trades are:

-- Kryll, $116,000 to $265,000

-- Ethereum, $61,000 to $215,000

-- Solana, $48,000 to $195,000

-- Bitcoin, $47,000 to $180,000

-- Let's Go Brandon Coin, $15,000 to $50,000

-- Request, $3,000 to $45,000

{snip}

Read more: https://www.businessinsider.com/madison-cawthorn-crypto-cryptocurrency-lets-go-brandon-congress-2022-6

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NEW: Republican Rep. Madison Cawthorn failed to properly disclose up to $950,000 in cryptocurrency trades, including 'Let's Go Brandon' coin, bitcoin, and ethereum - by
@leonardkl

@davelevinthal

@byMadisonHall

@PoliticsInsider

businessinsider.com
Republican Rep. Madison Cawthorn failed to properly disclose 2-dozen more cryptocurrency trades,...
Cawthorn, who lost re-election last month, faces several legal and ethical problems, including an investigation by the US House.

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[oldsoftie]

1. And? What will happen? Anything? Turdblossom.

[tanyev]

2. Where can I buy a "Let's Go To Jail, Madison" coin?

[Traildogbob]

5. Sign me up

Add Meadows on it. The pride of WNC. The damn stupid here is thick in the air. Jeebus, Guns and Dollar Stores. They sell stupid pills at the Dollar Store, 99 cents. It’s also in the Generic Chinese Cola drinks, with a free little confederate flag with Jeebus (white Jeebus, not that Jew imposter) in the middle, for each Cola liter sold, 99 cents. Damn communist sized, who stole the damn quart, amurKKKan measurements. Damn Chinese, we’ll show em, boycott those commies, shop at the Dollar Store, MurKKKan made……………🤔 And Art Pope is laughing his ass off with each off shore deposit.

[Backseat Driver]

3. Well...if you report those trades, is it really anonymous crypto- any more???

[Turbineguy]

4. For repubs, rules are made to be broken.

[Efilroft Sul]

6. How the hell does someone in his 20s have nearly $1 million to gamble in crypto?

[salin]

7. That hit me between the eyes. He hasn't had a high paying job, beyond his 1 congressional term.

Sure didn't earn it at Chic Fil A, claims to own/run a business - with no record of it generating any money. Maybe he's burning through money from a settlement from his car accident? Or his tour on the alt-right greatest hits-grift parade has payed him very generously.

[SWBTATTReg]

8. Really! How in the world?

[moose65]

9. He's never had a job, really

I think he worked at Chick Fil A briefly.

He's supposedly a realtor, but he's never sold any property that I'm aware of.

My guess is that he got a multi-million dollar settlement from the insurance company of his friend who was driving the car in the accident, and he's been living on that ever since.

[TlalocW]

10. That's not what he invested

It's what he earned by investing in LGBCoin, talking it up illegally, and then cashing out early before the bottom fell out of it.

TlalocW

[Gidney N Cloyd]

12. How much did he initially invest?

I can't help thinking how AOC was fully employed and she was struggling to make ends meet when she first came to DC.

[TlalocW]

13. No idea but remember

He could have been paid by LGBCoin to be a spokesman for it, which essentially he was. So he could have been given actual money or maybe the coins, and then he would have an inside track on when it was time to dump everything, and leave the suckers holding the bag.

TlalocW

[lastlib]

11. Can we do a "Nordberg" on that guy?

Any stadium will do.............

[Initech]

14. I could smell that LGB bitcoin was a scam from a mile away!

[Evolve Dammit]

15. Lock the smarmy loser up. All GOP just want to fuck people for fun and profit. Few exceptions. n/t