U.S. Senator Bob Menendez plans to resign from Congress after being convicted on federal corruption charges. Menendez, a vocal critic of crypto and Bitcoin, advocated for strict regulation of the industry. The conviction stemmed from allegations that Menendez accepted bribes in exchange for using his position to benefit businessmen and foreign governments. Despite his efforts to increase transparency and stability in the crypto market, Menendez's legacy will likely be overshadowed by his corruption charges.