Archegos “Propped Up a $36 Billion House of Cards”: SEC Charges Archegos and Founder with Massive Fraud
The Securities and Exchange Commission (SEC) has charged Sung Kook (Bill) Hwang, the owner of the family office Archegos Capital Management, with allegations of a massive fraud that “resulted in billions of dollars in losses.” The SEC alleges that Hwang and Archegos purchased security-based swaps… Read More
Read more in: Politics, Legal & Regulation | Tagged archegos, enforcement, fraud, sec