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Archegos’ Bill Hwang seeks Trump pardon for fraud that cost banks US$10 billion
Summary by South China Morning Post
3 Articles
3 Articles
Hwang Seeks Pardon After Archegos Collapse
Bill Hwang, the founder of Archegos Capital Management, has applied for a presidential pardon following his conviction related to the collapse of his fund. The implosion of Archegos in 2021 resulted in losses exceeding $10 billion for Wall Street banks. Hwang, who was sentenced to 18 years in prison in 2024, submitted his application to the U.S. Justice Department last year after completion of sentence, according to the agency’s website. Archego…
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Total News Sources3
Leaning Left0Leaning Right1Center1Last UpdatedBias Distribution50% Center, 50% Right
Bias Distribution
- 50% of the sources are Center, 50% of the sources lean Right
50% Right
C 50%
R 50%
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