Crypto Critic and Former Senator Bob Menendez Gets 11 Years in Prison for Bribery

Staunch crypto skeptic and disgraced former U.S. Senator Bob Menendez was sentenced to 11 years in prison on Wednesday on charges of bribery and acting as an agent for Egypt, the Associated Press reported.

Menendez was a Democrat from New Jersey and famous for taking shots at crypto. He evvel called bitcoin (BTC) an “ideal choice for criminals” and also opposed El Salvador’s acceptance of BTC.

“You were successful, powerful, you stood at the apex of our political system,” District Judge Sidney H. Stein told Menendez, according to AP.

”Somewhere along the way, and I don’t know when it was, you lost your way and working for the public good became working for your good.” Stein added.

Menendez took bribes in the form of gold and cash and used his political connections to act as an agent for Egypt, according to the report.

The former senator was convicted on bribery charges last year, as CoinDesk reported.

İlginizi Çekebilir:The Protocol: Nvidia To Manufacture AI Supercomputers in U.S., New Opportunities for Crypto Miners
share Paylaş facebook pinterest whatsapp x print

Benzer İçerikler

Effort to Kill IRS Crypto Rule Clears U.S. Senate Hurdle
Cardano’s Hoskinson Sees Bitcoin Touching $250K, Tech Giants Adopting Stablecoins
Post-Election Déjà Vu: Bitcoin Spikes to a New Record High, While Ether and Solana Rally Ahead of FOMC
WazirX Offers 85% of Stolen User Funds as Rebalancing Ends
U.S. Treasury Advisory Panel Says Tokenization Could Be Big, But May Need Central Control
Bitcoin Steady Near $104K After Bank of Japan Delivers Hawkish Rate Hike
Mariobet Resmi | © 2025 |
404 Not Found

404

Not Found

The resource requested could not be found on this server!


Proudly powered by LiteSpeed Web Server

Please be advised that LiteSpeed Technologies Inc. is not a web hosting company and, as such, has no control over content found on this site.