Midweek Roundup: FTX Executive Admits Fraud and Money Laundering, Swiss Banks Investigated for Role in Lebanese Corruption, and More

Nishad Singh, FTX's former director of engineering, pleaded guilty to U.S. charges of fraud and money laundering and agreed to cooperate with prosecutors investigating Sam Bankman-Fried, the collapsed cryptocurrency exchange's founder, Reuters reported. More Switzerland's financial regulator is preparing an enforcement action against two local lenders for allegedly handling millions of dollars on behalf of Riad Salame, the governor of Lebanon's central bank suspected of embezzling and laundering money, Reuters and France 24 reported. More and More Former Goldman Sachs banker Roger Ng, convicted in the U.S. last year for his role in the 1MDB scandal, asked a judge for...