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WEKU
WEKU
Politics
The Associated Press

Rep. Madison Cawthorn broke rules over a 'meme' crypto, a House panel finds

Madison Cawthorn Joe Biden United States Donald Trump Crypto North Carolina Democratic Party NASCAR Republican
U.S. Rep. Madison Cawthorn, R-N.C., speaks to supporters and the media in May at his primary election night watch party in Hendersonville, N.C.. (Nell Redmond/AP)

RALEIGH, N.C. — Departing U.S. Rep. Madison Cawthorn of North Carolina has been told to pay over $14,000 to charity after the House Ethics Committee found he financially benefited while purchasing a cryptocurrency that he was promoting and violated conflict of interest rules.

The investigation examined the one-term Republican's purchase of LGB Coin, named for the chant "Let's Go Brandon" mocking Democratic President Joe Biden.

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