Close Menu
Cryprovideos
    What's Hot

    Bitcoin Surges Previous $100K After Commerce Truce Extension

    June 4, 2025

    Spanish Espresso Chain to Comply with MicroStrategy with $1 Billion Bitcoin Wager

    June 4, 2025

    Solana’s Pump.enjoyable Targets $1B Increase for Upcoming Token Sale: Right here is What We Know – BlockNews

    June 4, 2025
    Facebook X (Twitter) Instagram
    Cryprovideos
    • Home
    • Crypto News
    • Bitcoin
    • Altcoins
    • Markets
    Cryprovideos
    Home»Markets»Goldman Sachs Banker Sentenced to Jail for Function in $4,500,000,000 Ransack of Malaysia’s State Funding Fund: Report – The Day by day Hodl
    Goldman Sachs Banker Sentenced to Jail for Function in ,500,000,000 Ransack of Malaysia’s State Funding Fund: Report – The Day by day Hodl
    Markets

    Goldman Sachs Banker Sentenced to Jail for Function in $4,500,000,000 Ransack of Malaysia’s State Funding Fund: Report – The Day by day Hodl

    By Crypto EditorJune 2, 2025No Comments3 Mins Read
    Share
    Facebook Twitter LinkedIn Pinterest Email


    An ex-Goldman Sachs banker is reportedly being sentenced to jail for his position within the large $4.5 billion theft of the Malaysian State Funding Fund (1MBD).

    Based on a brand new report by NBC Information, former Goldman Sachs worker Tim Leissner has been sentenced to 2 years behind bars for paying a component within the multibillion-dollar heist.

    Prosecutors say that Leissner and others who labored for the banking big aided Malaysia in elevating $6.5 billion for the nation’s funding fund by means of bond gross sales. Nonetheless, $4.5 billion of these funds had been stolen, laundered through bribes and kickbacks, and used to buy luxurious items and fund extravagant life.

    The report says the scandal was far-reaching and led to the downfall of then-Malaysian Prime Minister Najib Razak in 2018, who was later convicted of crimes linked to the scheme and sentenced to 12 years in jail.

    Leissner is because of report back to jail on September fifteenth. He pleaded responsible in 2018 to bribing officers in Malaysia and Abu Dhabi.

    Says Leissner,

    “The funds raised greater than a decade in the past might have profoundly benefited the nation and its residents. As a substitute, as a consequence of my greed – and the greed of these concerned alongside me – they had been misappropriated.

    What we did was unequivocally unsuitable, and I take full accountability for my position. I deeply remorse my actions, and if I might flip again time, I’d undo them with out hesitation.”

    Leissner’s sentence contains two years of supervised launch after jail and a forfeiture of almost $44 million.

    Observe us on X, Fb and Telegram

    Do not Miss a Beat – Subscribe to get e-mail alerts delivered on to your inbox

    Verify Worth Motion

    Surf The Day by day Hodl Combine

    &nbsp

    Goldman Sachs Banker Sentenced to Jail for Function in $4,500,000,000 Ransack of Malaysia’s State Funding Fund: Report – The Day by day Hodl

    Disclaimer: Opinions expressed at The Day by day Hodl will not be funding recommendation. Traders ought to do their due diligence earlier than making any high-risk investments in Bitcoin, cryptocurrency or digital belongings. Please be suggested that your transfers and trades are at your individual danger, and any losses it’s possible you’ll incur are your accountability. The Day by day Hodl doesn’t advocate the shopping for or promoting of any cryptocurrencies or digital belongings, neither is The Day by day Hodl an funding advisor. Please observe that The Day by day Hodl participates in affiliate internet marketing.

    Generated Picture: Midjourney



    Supply hyperlink

    Share. Facebook Twitter Pinterest LinkedIn Tumblr Email

    Related Posts

    Why The Dogwifhat Value Is Rising Extra Than The Greatest Meme Cash In the present day

    June 4, 2025

    Dogecoin’s Destiny Hinges On This Worth Degree, Analysts Agree

    June 4, 2025

    Astar's ACS Marketing campaign Concludes with Vital Ecosystem Impression

    June 4, 2025

    Ripple USD Simply Bought Accredited In Dubai—Right here’s Why It Issues

    June 4, 2025
    Latest Posts

    Bitcoin Surges Previous $100K After Commerce Truce Extension

    June 4, 2025

    Spanish Espresso Chain to Comply with MicroStrategy with $1 Billion Bitcoin Wager

    June 4, 2025

    Bitcoin (BTC): Final Probability for $110,000? XRP: Lastly Bullish? Solana (SOL) Bounces Off

    June 4, 2025

    MARA Publicizes Over $100 Million In Bitcoin Mined In Might 2025

    June 4, 2025

    US army management to again Bitcoin strategic reserve — Senator Lummis

    June 3, 2025

    ARKB Bitcoin ETF To Break up Inventory To Increase Retail Investor Attraction

    June 3, 2025

    Trump Media Information for Reality Social Bitcoin ETF Launch – BlockNews

    June 3, 2025

    Adam Again Invests SEK 21 Million To H100 Group Bitcoin Treasury Technique

    June 3, 2025

    CryptoVideos.net is your premier destination for all things cryptocurrency. Our platform provides the latest updates in crypto news, expert price analysis, and valuable insights from top crypto influencers to keep you informed and ahead in the fast-paced world of digital assets. Whether you’re an experienced trader, investor, or just starting in the crypto space, our comprehensive collection of videos and articles covers trending topics, market forecasts, blockchain technology, and more. We aim to simplify complex market movements and provide a trustworthy, user-friendly resource for anyone looking to deepen their understanding of the crypto industry. Stay tuned to CryptoVideos.net to make informed decisions and keep up with emerging trends in the world of cryptocurrency.

    Top Insights

    President Trump says crypto reserve will embody SOL, XRP, and ADA

    March 2, 2025

    Solana Overtakes Ethereum In Day by day NFT Gross sales Quantity

    March 6, 2025

    Who’s Actually Behind Immediately’s Crypto Crash?

    December 11, 2024

    Subscribe to Updates

    Get the latest creative news from FooBar about art, design and business.

    • Home
    • Privacy Policy
    • Contact us
    © 2025 CryptoVideos. Designed by MAXBIT.

    Type above and press Enter to search. Press Esc to cancel.