The post Former US Senator And Crypto Critic Bob Menendez Gets 11 Years In Prison for Bribery appeared first on Coinpedia Fintech News
Bob Menendez, a former U.S. Senator was sentenced to 11 years in prison on Wednesday on charges of bribery and acting as an agent for Egypt. Menendez was a Democrat from New Jersey known for criticizing crypto. He called bitcoin an “ideal choice for criminals” and opposed El Salvador’s decision to use BTC. Judge Sidney H. Stein told Menendez, “You were successful and powerful, at the top of our political system. Somewhere, you lost your way and started working for yourself instead of the public.” Menendez took bribes, including gold and cash, and used his political power to help Egypt.