Home
News
默认头像

Bill Hwang joins the list of famous Wall Street figures who have been sentenced to prison

2024-12-30FOREXLIVEFOREXLIVE
Archegos Capital Management founder

Archegos Capital Management founder Sung Kook "Bill" Hwang was convicted of fraud and other charges. The charges have the potential to see him sent to prison for up to 20 years.

Hwang's misdeeds are estimated to have cost banks around US$10bn. So, if the sentencing judge is a retail FX trader Hwang will probably get off with a warning ;-)

Getting on with the post ....

Reuters have a summary take up with a list of famous Wall Street folks sent to prison:

  • FTX founder Sam Bankman-Fried
  • Jordan Belfort
  • Benie Madoff

and more.

Link is here.

Hwang

Disclaimers

The article is sourced from Forexlive with the original source credited. The views expressed herein are not affiliated with FXOR; readers are encouraged to approach the content rationally. Copyright belongs to the original author. If unintentional infringement upon media or personal intellectual property rights has occurred, please contact us, and we will promptly remove the content. FXOR merely provides information storage services. The article is compiled and released by FXOR; reprints must indicate the original source.

FOREXLIVE Enter the brand column

Hottest

10 Months Ago

European stocks closed lower on Thursday on concerns the Federal Reserve might not reduce interest rates more than one time this year despite soft consumer price and producer price inflation data.

10 Months Ago

John Wiley & Sons, Inc. (WLY) reported Thursday net income for the first quarter of $25.27 million or $0.46 per share, sharply lower than $68.34 million or $1.22 per share in the prior-year quarter.

10 Months Ago

Asian stocks rose broadly on Thursday as soft U.S. inflation data helped keep the door open for a Federal Reserve rate cut in September.

10 Months Ago

While announcing its widely expected decision to leave interest rates unchanged on Wednesday, the Federal Reserve also revealed officials now expect only one interest rate cut this year. In support of its goals of

10 Months Ago

Asian stocks drifted lower on Wednesday as investors awaited key U.S. inflation data as well as a Federal Reserve policy decision later in the day for additional clues on the outlook for interest rates.

home

Home

home

Brokers

home

News

home

Expo

home

Mine