Well, well, well.
California Congressman Ro Khanna, who rails on capitalism and backed a wealth tax, appears to have used insider trading to dump Nvidia stock as scandal rocked the tech company’s CEO.
According to reporting citing financial disclosures, Rep. Khanna sold Nvidia shares — each transaction valued between $1,000 and $15,000. This as Nvidia chief Jensen Huang was accused of having an affair with a Chinese spy.
Then it was revealed he also had an extra-marital affair with a co-worker. Now a third woman has come forward.
So, Huang stepped down, but not before Khanna, a billionaire that is part of the Anti-Oligarchy movement in the US, made sure he would not lose money as the stock crashed.
Meanwhile, California voters rejected Proposition 40 — the one-time 5% billionaire wealth tax Khanna supported.
