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Madison Cawthorn Under House Investigation Over Crypto Promotion

  • Fellow Republican had called for House probe after report
  • First-term North Carolina lawmaker was defeated in GOP primary
Madison Cawthorn
Madison CawthornPhotographer: Dylan Hollingsworth/Bloomberg

The House Ethics Committee said Monday it is investigating whether North Carolina GOP Representative Madison Cawthorn may have improperly promoted a cryptocurrency in which he had a undisclosed financial interest.

It is the latest trouble for the first term House member, who lost his primary last Tuesday as a result of multiple controversies and miscues that prompted many prominent Republicans in the state to campaign against him.