3 years ago
Danny is CoinDesk's lawman concern editor. He owns BTC, ETH and SOL.
An alleged pump-and-dump of the “Let’s Go Brandon” meme coin by Rep. Madison Cawthorn (R-N.C.) appears to person sparked an probe by the U.S. House of Representatives.
In a press release Monday, the House Committee connected Ethics announced an probe into whether Cawthorn “improperly promoted a cryptocurrency successful which helium whitethorn person had an undisclosed fiscal interest.”
The probe follows reports that Cawthorn owned and promoted the Let’s Go Brandon token 1 time earlier it announced a concern with NASCAR operator Brandon Brown. “Let’s Go Brandon” has go right-wing shorthand for “F*** Joe Biden.”
“LGB legends. ... Tomorrow we spell to the moon!,” Cawthone told his Instagram followers the nighttime anterior to that announcement, according to the Washington Examiner. (The token did so rocket connected the news. It has since cratered.)
A arguable congressman with fewer allies near adjacent successful the Republican Party, Cawthorn’s alleged insider trading prompted calls for a legislature morals probe by Sen. Thom Tillis (R-N.C.).
The probe volition person to determination quickly: Cawthorn, who mislaid his superior race, volition exit Congress astatine the extremity of the year.
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Danny is CoinDesk's lawman concern editor. He owns BTC, ETH and SOL.
Danny is CoinDesk's lawman concern editor. He owns BTC, ETH and SOL.
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