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Bitcoin News

Nayib Bukele calls Karma on Anti-Bitcoin US Senator Jailed for Corruption

Written By Shruti Lakhlani Shruti Lakhlani
Fact Checked by Vaibhav Jha Vaibhav Jha
Published 2025-01-30·Updated 1 year ago
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at Bukele calls karma on former senator Robert Menendez

President Nayib Bukele of El Salvador took potshots at former US senator Robert Menendez who received an 11-year prison term on Wednesday on corruption charges. Incidentally, Menendez had earlier objected to the Central American nation adopting Bitcoin stating, “BTC can open doors of corruption in El Salvador.”

This guy said we used Bitcoin for money laundering and corruption 😂 https://t.co/FJpT3gptna

— Nayib Bukele (@nayibbukele) January 30, 2025

On Wednesday, former Senator from New Jersey, Robert Menendez received an 11-year prison sentence after being convicted of accepting bribes to undercut basic justice when helping businessmen associated with Egypt and Qatar. He said he would appeal against the verdict.

The court handed down an 11-year prison term to a retired powerful US senator because he faced corruption charges after discovering multiple gold bars as well as cash totaling hundreds of thousands at his residential property. Federal prosecutors seized $100,000 in gold bars and $480,000 in hidden cash from his house.

The 70-year-old democrat and former senator Robert Menendez has been a vocal anti-crypto advocate and had once famously remarked that Bitcoin is an “ideal choice for criminals.” He had also advocated against El Salvador accepting Bitcoin as a legal currency under President Nayib Bukele calling it a tool for corruption and money laundering.

Also read : Nayib ‘Chivo’ Bukele: The El Salvador President who loves Bitcoin

Disclaimer: The information researched and reported by The Crypto Times is for informational purposes only and is not a substitute for professional financial advice. Investing in crypto assets involves significant risk due to market volatility. Always Do Your Own Research (DYOR) and consult with a qualified Financial Advisor before making any investment decisions.

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TAGGED:Bitcoin (BTC)El Salvador
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Shruti Lakhlani- Crypto Journalist at The Crypto Times
By Shruti Lakhlani
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Shruti Lakhlani is a Crypto Journalist with over 5 years of experience in media and digital content. She specializes in covering the latest developments in the cryptocurrency industry, including major updates in the U.S. markets and global regulatory policies.
Vaibhav Jha - Former Editor In The Crypto Times
By Vaibhav Jha
Vaibhav Jha is an Editor and Content Head at The Crypto Times. He comes on board with a vast array of experience working as a journalist for leading national and international English newspapers. He has a penchant for research and storytelling is his forte. When not working, Vaibhav can be found watching Hindi classic movies or listening to 90's music.

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