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

4 months ago

Staunch crypto skeptic and disgraced erstwhile U.S. Senator Bob Menendez was sentenced to 11 years successful situation connected Wednesday connected charges of bribery and acting arsenic an cause for Egypt, the Associated Press reported.

Menendez was a Democrat from New Jersey and celebrated for taking shots astatine crypto. He erstwhile called bitcoin (BTC) an "ideal prime for criminals" and besides opposed El Salvador's acceptance of BTC.

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

”Somewhere on the way, and I don’t cognize erstwhile it was, you mislaid your mode and moving for the nationalist bully became moving for your good.” Stein added.

Menendez took bribes successful the signifier of golden and currency and utilized his governmental connections to enactment arsenic an cause for Egypt, according to the report.

The erstwhile legislator was convicted connected bribery charges past year, arsenic CoinDesk reported.

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