There has been speculation that irate Republicans are trying to oust the 26-year-old from Congress because of his antics and comments.
Speculation that the Republican Party may be trying to purge Representative Madison Cawthorn from Congress has intensified after the North Carolina congressman was embroiled in yet another potential scandal. In his relatively short time on politics, the freshman congressman has been linked to a number of controversies, several of which have arrived one after another in recent weeks amid his bid for re-election in the state’s primary on May 17. On Tuesday, The Washington Examiner reported that Cawthorn may be implicated in an insider trading criminal investigation in relation to his links to Let’s Go Brandon cryptocurrency. The cryptocurrency, which is named after the conservative catchphrase used to attack President Joe Biden in reference to NASCAR driver Brandon Brown, spiked in value on December 30 after Brown announced the coin would be his sponsor for the upcoming season. The day prior, Cawthorn, a known cryptocurrency owner, posted „LGB legends…. Tomorrow we go to the moon!“ on the Instagram page of James Koutoulas, hedge fund manager who is behind the Let’s Go Brandon cryptocurrency. Cawthorn is accused of engaging in a illegal pump-and-dump by having advanced knowledge of the deal with Brown. „This looks really, really bad,“ Dylan Hedtler-Gaudette, the government affairs manager for federal watchdog group Project on Government Oversight, told The Examiner. „This does look like a classic case of you got some insider information and acting on that information. And that’s illegal.“ Also on Tuesday, Cawthorn attracted national press attention after he was cited for having a loaded gun at a security checkpoint at Charlotte Douglas International Airport, marking the second time in just over a year that the Republican has been stopped from flying with a firearm.
