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:Galaxy Digital Gets SEC Nod for U.S. Listing, Eyes Nasdaq Debut in May
share Paylaş facebook pinterest whatsapp x print

Benzer İçerikler

Coinbase, NEAR, Others Form Alliance to Develop Open AI Services
This Metric Points to Rotation From Gold to Bitcoin
Sentiment Readings Favor Dogecoin Gains as Cardano’s ADA Leads Market Bump
U.S.-Sanctioned Countries Such as Iran Leaning Heavily Into Crypto: Chainalysis
Odds of Kanye West Launching Token Plummet After He Says ‘Coins Prey on Fans’
Oto Amfi Ne Demek?
Oto Amfi Ne Demek?
İvedik Oto Tamir | © 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.