Posted inArchegos Capital Management LLC Banking and Financial Institutions Decisions and Verdicts Frauds and Swindling Halligan, Patrick (Financial Executive) Hellerstein, Alvin K Hwang, Bill Jury System Securities and Commodities Violations
Archegos Founder Bill Hwang Found Guilty on 10 Charges
The 2021 collapse of Archegos Capital Management led to some $10 billion in losses for some Wall Street banks. He could spend the rest of his life in prison.