U.S. Senator Who Called Bitcoin 'Ideal Choice for Criminals,' Convicted of Bribery
Summary
U.S. Senator Bob Menendez (Dem) from New Jersey was found guilty of accepting bribes, including gold bars and a luxury car. He was a vocal critic of cryptocurrency and co-sponsored a bill related to El Salvador's adoption of bitcoin. The crypto community highlighted the irony of his conviction. Menendez faces sentencing on October 29 and could potentially face decades in prison.
