AssetID: 54322875
Headline: Bill Hwang Sentenced to 18 Years for Archegos Collapse
Caption: Former Wall Street investor Bill Hwang has been sentenced to 18 years in prison for fraud and market manipulation tied to the collapse of his investment fund, Archegos Capital Management, in 2021.
Keywords: Current Affairs & Politics,former,Wall Street,investor,Bill Hwang,sentenced,18 years,collapse,Investment fund,Archegos Capital Management,2021,fraud,guilty,prison,lender,stock,sell-off,Morgan Stanley,Credit Suisse,Nomura,banks,judge,lawyers,billions,billionaire,losses,unprecedented,deception,large,secretive,bets,companies,largest,hedge fund collapse,punishment
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