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VisitWhat length of sentence will Bill Hwang receive by November 2024?
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Official court sentencing records
US Says Bill Hwang Deserves 21-Year Sentence for Archegos Collapse
Nov 16, 2024, 04:50 AM
Prosecutors have recommended a 21-year prison sentence for Bill Hwang, the founder of Archegos Capital Management, for fraud and market manipulation. The US says Hwang deserves this sentence for his actions that led to the collapse of Archegos in 2021, causing significant financial losses across Wall Street. The sentencing is scheduled for next week.
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