Politician guilty of shilling anti-Biden crypto, gives fine to gun lobby
Cawthorn has been told he must donate his $15k fine to charity and has reportedly chosen to split it between a gun lobby and a medical center.
Cryptocurrency news by Protos · Protos
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Show Notes
Outgoing Republican congressman Madison Cawthorn has been fined $15,000 by the House Ethics Committee for pumping the short-lived Let’s Go Brandon coin and, in the process, breaking conflict of interest rules.
Let’s Go Brandon (LGB) was a meme-inspired crypto associated with an offensive anti-Joe Biden chant and was dubbed “America’s Free Speech Coin.” It was also briefly approved as a Nascar sponsor in December 2021 but the sport's governing body blocked the deal, claiming that it had been given the go-ahead by an employee without the authorization to do so.
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