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Archegos founder Bill Hwang convicted at criminal trial over $36B fund’s collapse


Archegos founder Bill Hwang convicted at criminal trial over $36B fund’s collapse

Archegos founder Bill Hwang convicted at criminal trial over $36B fund’s collapse

Archegos Capital Management founder Sung Kook “Bill” Hwang was convicted by a jury in Manhattan federal court on Wednesday at a criminal trial in which prosecutors accused him of market manipulation ahead of the 2021 collapse of his $36 billion private investment firm.