Rep. Madison Cawthorn (R-N.C.) is being investigated by the House Ethics Committee over alleged insider dealing in cryptocurrency and an alleged improper relationship with one of his staff members.
The 10-member panel of the House Ethics Committee unanimously voted on May 11 to establish a subcommittee to investigate whether Cawthorn may have “improperly promoted a cryptocurrency in which he may have had an undisclosed financial interest, and engaged in an improper relationship with an individual employed on his congressional staff,” it announced Monday afternoon.
The committee did not give further details on the alleged “improper relationship.”
“The Committee notes that the mere fact of establishing an Investigative Subcommittee does not itself indicate that any violation has occurred,” it added….
“The Committee notes that the mere fact of establishing an Investigative Subcommittee does not itself indicate that any violation has occurred,” it added….
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