Archegos' Bill Hwang lied to become Wall Street legend, causing $36B fund to collapse: prosecutors

May 13, 2024
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Sung Kook “Bill” Hwang tried to trick all of Wall Street, a federal prosecutor told a Manhattan federal jury, as the trial on charges stemming from the 2021 collapse of Hwang’s $36 billion fund Archegos Capital Management began on Monday.

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Source: New York Post