Chris Trottier on Nostr: Bill Hwang was found guilty of 10 counts of securities fraud, wire fraud, conspiracy, ...

Bill Hwang was found guilty of 10 counts of securities fraud, wire fraud, conspiracy, racketeering, and market manipulation.

He is infamous for losing $20B in 10 days, which triggered the collapse of investment bank Credit Suisse.

Not many talked about this verdict but it’s a big deal!

https://www.nytimes.com/2024/07/10/business/archegos-bill-hwang-guilty.html