CryptoBudha
    Demo
    What's Hot

    Tesla car owners mined upto $800 a month of crypto assets with their hacked-out cars

    May 16, 2022

    Why investors must keep an eye on these AVAX price levels this week

    May 16, 2022

    4 Insights to Capitalize on a Multibillion-Dollar Market – BRINK – Conversations and Insights on Global Business

    May 16, 2022
    Facebook Twitter Instagram
    • ABOUT US
    • CONTACT US
    • TERMS OF SERVICES
    Facebook Twitter Instagram
    CryptoBudha
    • Home
    • Cryptocurrency

      Bitcoin has no future as a payments network, says FTX chief

      May 16, 2022

      Bitcoin Breaches $30K as Ethereum, Cardano, Solana Join Weekend Rally

      May 15, 2022

      Warren Buffett Now Owns Bitcoin: Here’s How The Oracle Of Omaha Got Exposure

      May 15, 2022

      Open Letter To Bitcoin-Doubting Friend On Wall Street

      May 14, 2022

      Major Increase In Bitcoin Trading Volume

      May 14, 2022
    • Blockchain

      Sonam Kapoor invests in blockchain game MechaFightClub

      May 16, 2022

      Crypto Analyst Predicts 1 Altcoin Will Fall Down Hard – Is It Cardano?

      May 15, 2022

      Global Regulators Consider Launching a Joint Body to Coordinate Crypto Rules – Regulation Bitcoin News

      May 15, 2022

      Bitcoin: Can you buy a portion of this crypto? – Marca

      May 14, 2022

      KICK․IO Is Evolving – Taking a Closer Look Into the Roadmap – Press release Bitcoin News

      May 14, 2022
    • ICO

      MooPay is building a blockchain payment gateway to democratise crypto payments

      May 16, 2022

      Things You Need to Know Before Investing in Cryptocurrency – CryptoMode

      May 15, 2022

      Ukraine Coin (UAC) The First Cryptocurrency Created To Help Ukraine

      May 15, 2022

      Nigeria Issues Crypto Asset Rules In A Move That Could Boost Adoption

      May 14, 2022

      Hiring an Initial Coin Offering Lawyer Under SEC Regulations

      May 14, 2022
    • NFT

      4 Insights to Capitalize on a Multibillion-Dollar Market – BRINK – Conversations and Insights on Global Business

      May 16, 2022

      Fake Pixelmon NFT site infects you with password-stealing malware

      May 15, 2022

      All You Need To Know About The Lazy Lions NFT Collection

      May 15, 2022

      Dwyane Wade likes to take business risks, and now he’s getting into NFTs

      May 14, 2022

      You Can Now Get An NFT Replica Of Your Own Car

      May 14, 2022
    • Metaverse

      The 10 Best Examples Of The Metaverse Everyone Should Know About

      May 16, 2022

      Vantage Point: Trouble in the Metaverse | Science and Technology News

      May 15, 2022

      Hotels, luxury brands and games jumping on metaverse bandwagon

      May 15, 2022

      Contemporary art to the metaverse: Takashi Murakami’s poppy trip | Life

      May 14, 2022

      Contemporary art to the metaverse: Takashi Murakami’s poppy trip

      May 14, 2022
    • More
      1. Analysis
      2. Regulations
      3. Mining
      4. View All

      Why investors must keep an eye on these AVAX price levels this week

      May 16, 2022

      What Does a Risk Analysis Say About Exosis (EXO) Sunday?

      May 15, 2022

      Binance Price Analysis: BNB Rebounds After Noticing 2022 Year’s Low, These Levels Should Be Notable

      May 15, 2022

      What Does a Risk Analysis Say About IONChain (IONC) Saturday?

      May 14, 2022

      Crypto Market Continues Recovery; Sebi Comments Against Celebrity Ads On Cryptos, Says Report

      May 16, 2022

      Crypto VCs can’t just buy ‘community’ – TechCrunch

      May 15, 2022

      Crypto-friendly SEC Commissioner Hints At Stablecoin Regulation After Terra Collapse

      May 15, 2022

      Nigeria Announces Crypto Laws To Regulate, Standardise Digital Assets, Bitcoin Falls

      May 14, 2022

      Tesla car owners mined upto $800 a month of crypto assets with their hacked-out cars

      May 16, 2022

      Ethereum Hashrate Taps an All-Time High Amid This Week’s Crypto Market Meltdown – Mining Bitcoin News

      May 15, 2022

      US, UK, Canada, Australia, Netherlands Share Crypto Criminal Leads, Including a Potential $1B Ponzi Scheme – Regulation Bitcoin News

      May 15, 2022

      Why ChickenFast is Standing Fearlessly Amid This Crypto

      May 14, 2022
    CryptoBudha
    Home»Blockchain»GOP Congressman Cawthorn Accused of ‘Let’s Go Brandon’ Crypto Pump-and-Dump
    Screen-Shot-2022-04-26-at-4.59.56-PM-e1651016464306-gID_4.png
    Blockchain

    GOP Congressman Cawthorn Accused of ‘Let’s Go Brandon’ Crypto Pump-and-Dump

    adminBy adminApril 27, 2022No Comments3 Mins Read
    Share
    Facebook Twitter LinkedIn Pinterest Email

    In a nutshell

    • The watchdog group said Madison Cawthorn may have violated insider trading laws.
    • The controversy has to do with the short “Let’s Go Brandon” coin.

    In her short time in Congress, firebrand Madison Cawthorn (R-NC) has been embroiled in a controversy that involves everything from lying about biographies to abusing staff to partying in lingerie. Now, Cawthorn could add the alleged crypto fraud to his resume.

    On Tuesday, at Washington Examiner reported that some watchdog groups have accused Cawthorn of colluding in a crypto pump-and-dump scheme involving the short-lived Let’s Go Brandon cryptocurrency, known as LGB.

    “LGB legends. … Tomorrow we go to the moon!” Cawthorn posted on Instagram in late December, a day before the value of the currency rose after NASCAR drivers said the LGB would be the main sponsor.

    The driver, Brandon Brown, became famous last year for his association with “Let’s Go Brandon,” which has become a code among Republicans to insult President Biden.

    The buzz around the NASCAR announcement led to LGB soar 75% and briefly achieved a $ 570 million market cap.

    But by the end of January, meme coins had become useless after NASCAR rejected sponsorship arrangements and once it became known that insiders had acquired the majority of the coins in circulation and then shortly threw them all — a pump-and-dump classic.

    If Cawthorn is one of the insiders, he may be involved in an illegal scheme.

    Craig Holman, a government affairs lobbyist for the advocacy group Public Citizen, told Washington Examiner if, however, Cawthorn buys LGBCoin before Dec. 30 and learns about the NASCAR news, that would be insider trading, a federal crime that could involve jail time.

    Cawthorn, who continues to promote LGB coins at campaign events, did not immediately respond to requests for comment.

    The crypto controversy came weeks after Cawthorn angered his fellow Republicans by claiming without evidence that members of Congress had invited him to participate in a cocaine bribery party.

    The youngest member of Congress, Cawthorn, 26, was first elected to North Carolina’s conservative district in November 2020. He gave no sign that he was going to step down in response to a wave of scandal, even though his behavior has triggered it. some Republicans to Mount the primary challenge.

    And the conversation around Cawthorn hasn’t diminished. As Jonathan Chait from New York the magazine observed in Tuesday’s headline, “Madison Cawthorn Tries to Make Every Scandal Possible.”

    Cawthorn is hardly the only Republican tied to a questionable crypto project. Others include pundit Candace Owens and Trump youth group leader Ryan Fournier, both of whom have discontinued LGBCoin and whose affiliation is called FJB.

    The best decryption goes straight to your inbox.

    Get the best stories curated daily, weekly roundups & dive deep straight into your inbox.

    Share. Facebook Twitter Pinterest LinkedIn Tumblr Email
    admin
    • Website

    Related Posts

    Sonam Kapoor invests in blockchain game MechaFightClub

    May 16, 2022

    Crypto Analyst Predicts 1 Altcoin Will Fall Down Hard – Is It Cardano?

    May 15, 2022

    Global Regulators Consider Launching a Joint Body to Coordinate Crypto Rules – Regulation Bitcoin News

    May 15, 2022

    Bitcoin: Can you buy a portion of this crypto? – Marca

    May 14, 2022
    Add A Comment

    Leave A Reply Cancel Reply

    banner
    Top Posts

    Subscribe to Updates

    Get the latest sports news from SportsSite about soccer, football and tennis.

    Advertisement
    Demo
    About Us:

    Your source for the serious news. cryptobudha is crafted specifically to exhibit the lest crypto related News. Visit our main page for more News or contact us

    Email : timeaustralian@yahoo.com

    We're social. Connect with us:

    Facebook Twitter Instagram
    Latest Posts

    Best NFT Podcasts Sites To Listen In 2022 For Beginners

    May 1, 2022

    Simple NFT Stick Figures Are Selling For $13K. Here’s Why

    April 5, 2022

    How the metaverse and augmented reality will transform entertainment

    April 1, 2022
    Get Informed

    Subscribe to Updates

    Get the latest creative news about the crypto world .

    Facebook Twitter Instagram Pinterest
    • ABOUT US
    • CONTACT US
    • TERMS OF SERVICES
    © 2022 ThemeSphere. Designed by ThemeSphere.

    Type above and press Enter to search. Press Esc to cancel.

    Subscribe
    Get the latest creative news about the crypto world.

    We are using cookies to give you the best experience on our website.

    You can find out more about which cookies we are using or switch them off in settings.

    CryptoBudha
    Powered by  GDPR Cookie Compliance
    Privacy Overview

    This website uses cookies so that we can provide you with the best user experience possible. Cookie information is stored in your browser and performs functions such as recognising you when you return to our website and helping our team to understand which sections of the website you find most interesting and useful.

    Strictly Necessary Cookies

    Strictly Necessary Cookie should be enabled at all times so that we can save your preferences for cookie settings.

    If you disable this cookie, we will not be able to save your preferences. This means that every time you visit this website you will need to enable or disable cookies again.