Archegos Capital Management Founder Bill Hwang is seen at the United States District Court in New York City, Nov. 20. AP-Yonhap Former billionaire investor Sung Kook "Bill" Hwang was sentenced to 18 years in prison on Wednesday over the collapse of Archegos Capital Management, which cost Wall Stree»»»

Hwang had been convicted in July on 10 criminal charges including wire and securities fraud, market manipulation. Former billionaire investor Sung Kook “Bill” Hwang has been sentenced to 18 years in prison over the collapse of Archegos Capital Management, which cost Wall Street banks more than $10b»»»

Former billionaire investor Sung Kook “Bill” Hwang was sentenced to 18 years in prison on Wednesday over the collapse of Archegos Capital Management, which cost Wall Street banks more than $10bn. Hwang was sentenced by US district judge Alvin Hellerstein in Manhattan, where a jury convicted Hwang i»»»

NEW YORK, Nov 16 — Bill Hwang, the founder of Archegos Capital Management, should spend 21 years in prison for running a market manipulation scheme that wiped out his US$36 billion (RM161 billion) firm and cost its lenders more than US$10 billion, federal prosecutors said yesterday. Hwang, 60, face»»»

ARCHEGOS-FRAUD/ (URGENT, PIX):Archegos' Bill Hwang deserves 21 years in prison, US says By Jonathan Stempel Archegos' Bill Hwang deserves 21 years in prison, US says NEW YORK, - Bill Hwang, the founder of Archegos Capital Management, should spend 21 years in prison for running a market manipulation»»»