According to Fox News, former U.S. Senator Menendez, known as 'Gold Bar Bob,' began his 11-year federal prison sentence today following a high-profile bribery and corruption conviction. This event has heightened market uncertainty, especially regarding future U.S. regulatory actions impacting both the stock and cryptocurrency markets. Trading volumes in key cryptocurrencies like BTC and ETH saw minor upticks as investors anticipated potential shifts in regulatory scrutiny and policy direction after the conviction of such a prominent lawmaker (Fox News, June 17, 2025).