Hwang’s Deception Unveiled: Archegos’ Founder on Trial for Falsehoods that Built Wall Street Legacy
A former Wall Street titan is facing allegations of deception as his trial commences in New York City. Bill Hwang, the founder of Archegos Capital Management, is accused of misleading investors to forge his legacy in the finance world. Prosecutors claim that Hwang fabricated information to bolster his reputation, ultimately leading to the downfall of his hedge fund in a high-profile financial scandal in 2021. During the trial, prosecutors argued that Hwang knowingly deceived investors …