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Weekly Roundup: Ex-Goldman Sachs Banker Jailed, SEC Drops Binance Case, and More

Former Goldman Sachs banker Tim Leissner has been sentenced to two years in prison for his role in bilking and laundering $4.5 billion from Malaysia's 1MDB sovereign wealth fund, the Financial Times reported. More Xavier Justo, a former Swiss banker who served time in Thailand after blowing the whistle on the corruption and money laundering scandal that sank 1MDB, filed a lawsuit seeking $18 million in compensation from Leissner, the Financial Times reported. More Malaysia's Commodities Minister Johari Abdul Ghani criticized Leissner's sentence as too lenient, Al Jazeera reported. More The U.S. Securities and Exchange Commission filed a joint motion...

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