#bill-hwang

#bill-hwang

Bill Hwang received an 18-year prison sentence for leading a fraud scheme that caused massive financial losses and misleading banks about his investment practices.

Bill Hwang was sentenced to 18 years for causing $10bn losses through fraud and market manipulation at Archegos Capital.

Archegos Capital Management founder Bill Hwang's trial began, accused of market manipulation and fraud.

Bill Hwang found guilty on multiple charges related to Archegos Capital Management's collapse, facing potential life in prison.

Bill Hwang, founder of Archegos Capital Management, convicted of securities and market manipulation fraud, leading to $100 billion market value loss.