Nayib Bukele trolls former Sen. Menendez over his Bitcoin hate after prison sentence
The post Nayib Bukele trolls former Sen. Menendez over his Bitcoin hate after prison sentence appeared on BitcoinEthereumNews.com. Nayib Bukele, El Salvador’s iconic Bitcoin-loving president, just fired shots at former US Senator Bob Menendez, who was sentenced to 11 years in prison on Jan. 29 after investigators found gold bars and half a million in cash hidden in his house. Nayib couldn’t resist pointing out the absurd irony. “This guy said we used Bitcoin for money laundering and corruption,” he said in a post with a laughing emoji. Binance founder Changpeng “CZ” Zhao and X owner Elon Musk himself both reposted the post. For years, Menendez hounded Nayib over El Salvador’s Bitcoin Law, accusing the country of financial recklessness. Now, it’s him—the so-called anti-corruption crusader—who’s exposed as a gold-hoarding fraud. FBI raids in 2022 revealed cash stuffed in jackets and 13 gold bars from bribery deals. Jokes sometimes write themselves, don’t they? Menendez vs. Nayib: The anti-Bitcoin war From 2019 to 2024, as the powerful chairman of the Senate Foreign Relations Committee, Menendez made El Salvador a personal project. His problem? Bitcoin. In 2021, Nayib’s government passed a law making Bitcoin legal tender, the first country in the world to do so. Menendez wasn’t happy about that at all. The US quickly retaliated with the Accountability for Cryptocurrency in El Salvador (ACES) Act, co-sponsored by Menendez and Senator Jim Risch in 2022, which ordered federal agencies to investigate Bitcoin’s “potential dangers to the global financial system.” This guy said we used Bitcoin for money laundering and corruption ???? https://t.co/FJpT3gptna — Nayib Bukele (@nayibbukele) January 30, 2025 Menendez pushed hard for sanctions on El Salvador’s Chivo wallet operators and even wanted to cut the country off from US trade deals. But Nayib didn’t back down. Instead, El Salvador got even more into Bitcoin. The government rolled out Bitcoin-backed Volcano Bonds in early 2023 and expanded its global crypto…
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The post Nayib Bukele trolls former Sen. Menendez over his Bitcoin hate after prison sentence appeared on BitcoinEthereumNews.com.
Nayib Bukele, El Salvador’s iconic Bitcoin-loving president, just fired shots at former US Senator Bob Menendez, who was sentenced to 11 years in prison on Jan. 29 after investigators found gold bars and half a million in cash hidden in his house. Nayib couldn’t resist pointing out the absurd irony. “This guy said we used Bitcoin for money laundering and corruption,” he said in a post with a laughing emoji. Binance founder Changpeng “CZ” Zhao and X owner Elon Musk himself both reposted the post. For years, Menendez hounded Nayib over El Salvador’s Bitcoin Law, accusing the country of financial recklessness. Now, it’s him—the so-called anti-corruption crusader—who’s exposed as a gold-hoarding fraud. FBI raids in 2022 revealed cash stuffed in jackets and 13 gold bars from bribery deals. Jokes sometimes write themselves, don’t they? Menendez vs. Nayib: The anti-Bitcoin war From 2019 to 2024, as the powerful chairman of the Senate Foreign Relations Committee, Menendez made El Salvador a personal project. His problem? Bitcoin. In 2021, Nayib’s government passed a law making Bitcoin legal tender, the first country in the world to do so. Menendez wasn’t happy about that at all. The US quickly retaliated with the Accountability for Cryptocurrency in El Salvador (ACES) Act, co-sponsored by Menendez and Senator Jim Risch in 2022, which ordered federal agencies to investigate Bitcoin’s “potential dangers to the global financial system.” This guy said we used Bitcoin for money laundering and corruption ???? https://t.co/FJpT3gptna — Nayib Bukele (@nayibbukele) January 30, 2025 Menendez pushed hard for sanctions on El Salvador’s Chivo wallet operators and even wanted to cut the country off from US trade deals. But Nayib didn’t back down. Instead, El Salvador got even more into Bitcoin. The government rolled out Bitcoin-backed Volcano Bonds in early 2023 and expanded its global crypto…
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