Bitcoin Critic Senator Robert Menendez was found guilty of 16 crimes and faced up to 222 years in prison

U.S. Senator Robert Menendez (D-N.J.) has been found guilty on all charges, following accusations of accepting substantial bribes from wealthy New Jersey businessmen.

The 16-count conviction includes charges such as conspiracy to commit bribery and acting as a foreign agent. Menendez, a critic of crypto-based financial crime, faced these charges despite his crimes not involving digital assets.

Robert Menendez (D-N.J.) has no bottom line in taking bribes

U.S. Attorney Damian Williams stated that the case exposed "shocking levels of corruption," involving bribes like gold, cash, and a Mercedes-Benz. Menendez and his wife, Nadine, were accused of accepting these bribes in exchange for political favours.

Menendez is accused of accepting bribes in exchange for political favors

Prosecutors detailed how Menendez used his influence to stop a criminal investigation into businessman Jose Uribe and protect an Egyptian business monopoly.

Nadine Menendez acted as an intermediary, arranging meetings and collecting bribes, including gold bars and a luxury car.

Menendez has warned that Bitcoin could be used for financial crimes

Menendez, who had previously criticised Bitcoin for its potential use in financial crimes, was mocked for accepting traditional forms of bribes.

In a 2017 letter, he called Bitcoin ideal for criminals due to its anonymity.

He also co-sponsored legislation scrutinising Bitcoin's adoption in El Salvador.

Stacy Herbert of El Salvador’s Bitcoin Office tweeted about Menendez being a "malign actor," highlighting the irony of his previous stance on money laundering risks.

Robert Menendez faces up to 222 years in prison

Menendez could face a maximum of 222 years in prison if sentences are served consecutively.

He remains in the U.S. Senate, but there are calls for his resignation and possible expulsion.