Madison Cawthorn implicated in potential insider trading scheme, experts say

[empedocles]

8. From the Examiner article

' . . .But Hedtler-Gaudette, the government affairs manager for POGO, said that even if LGBCoin isn't considered a security, that won't render Cawthorn immune from insider trading laws.

"No matter what, though, having advance and nonpublic information that is then used to gain advantage in a financial market (including straight up commodities) is illegal, making my call for DOJ or SEC investigation still operative in this case," Hedtler-Gaudette said.

Holman, the Public Citizen government affairs lobbyist, added that Cawthorn would need to disclose if he purchased over $1,000 of the coin — even if it isn't considered a security for regulatory purposes. . . '