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    Home»Bitcoin»Senator Bob Menendez Once Called Bitcoin ‘Ideal Choice for Criminals,’ Now He Stares at Decades in Prison for Bribery
    Bitcoin

    Senator Bob Menendez Once Called Bitcoin ‘Ideal Choice for Criminals,’ Now He Stares at Decades in Prison for Bribery

    July 17, 20242 Mins Read


    U.S. Senator Bob Menendez (Dem) from New Jersey, a staunch crypto critic, was found guilty of accepting bribes, including gold bars and a luxury car, in exchange for his political clout by a jury on Tuesday.

    Stacy Herbert, a member of The National Bitcoin Office (ONBTC) of El Salvador under President Nayib Bukele, wrote on X that while Senator Menendez was “hiding bars of ill-gotten gold… President Bukele was establishing the most transparent government in the world by posting El Salvador’s public bitcoin address for all the world to audit.”

    Herbert added that the “malign actor was Bob Menendez” and that The Senate Foreign Relations Committee, which Menendez was the chairman of “owes President Bukele and El Salvador an apology.”

    “This wasn’t politics as usual; this was politics for profit,” said U.S. Attorney Damian Williams in a statement. “Because Senator Menendez has now been found guilty, his years of selling his office to the highest bidder have finally come to an end.”

    Menendez was a congressperson since 1993, entering the Senate in 2006, has so far refused to resign despite numerous calls from senior colleagues to do so, including from Democratic Senate Majority leader Chuck Schumer.

    Menendez’s sentencing has been scheduled for October 29 and he could face decades in prison.



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