The House Ethics Committee found the departing congressman financially benefited from a cryptocurrency that he was promoting and violated conflict of interest rules.
, was seen as a rising star by many conservatives when at age 25 he won the seat vacated by Mark Meadows, Trump’s then-chief of staff.including stops by police while driving; being caught with guns at airport checkpoints; calling Ukrainian President Volodymyr Zelenskyy a “thug;” and the release of videos showing him in sexually suggestive poses.
The subcommittee’s report found that in December 2021 Cawthorn provided a $150,000 check for 180 billion LGB Coin. The transaction occurred just before LGB Coin announced it would sponsor NASCAR driver Brandon Brown in 2022, but NASCAR soon withdrew its approval in early January. Cawthorn sold nearly all of the “meme” coin in three batches in December 2021 and January 2022, the committee said, but the congressman didn’t disclose either the purchase or sales until the investigative subcommittee was announced.Cawthorn also had been in photographs and videos encouraging people to purchase LGB Coin.
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