Bill Hwang joins the list of famous Wall Street figures who have been sentenced to prison


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Archegos
Capital
Management
founder
Sung
Kook
“Bill”
Hwang
was
convicted
of
fraud
and
other
charges.
The
charges
have
the
potential
to
see
him
sent
to
prison
for
up
to
20
years.

Hwang’s
misdeeds
are
estimated
to
have
cost
banks
around
US$10bn.
So,
if
the
sentencing
judge
is
a
retail
FX
trader
Hwang
will
probably
get
off
with
a
warning
😉

Getting
on
with
the
post
….

Reuters
have
a
summary
take
up
with
a
list
of
famous
Wall
Street
folks
sent
to
prison:

  • FTX
    founder
    Sam
    Bankman-Fried
  • Jordan
    Belfort
  • Benie
    Madoff

and
more.


Link
is
here.