Reply To: Traders Market Weekly: Market Corrections, When the Rubber Meets the Road


Archegos’ Bill Hwang his CFO arrested and indicted, according to a New York Times reporter

Last year, Bill Hwang’s family office imploded in one of the most-dramatic declines of personal wealth in history. He lost nearly $10 billion.

Charged with crimes including racketeering conspiracy in connection with a scheme to manipulate the company’s stock prices. Both were arrested in their homes.