US House Investigators Say Rep. Cawthorn Improperly Promoted Crypto Token

The investigators, noting Cawthorn’s waning time as a member of Congress, said they couldn’t agree on a sanction and suggested the admonishment of the report would be sufficient. The committee directed Cawthorn to give $14,237 to a charity, because that’s how much more expensive his token purchase should have been if he’d paid market value at the time, so it amounted to an improper gift.