The stock prices of a number of companies were manipulated, employees’ savings were gambled and different banks were left with billions of dollars in losses....
UBS alone lost$ 861 million, according to the indictment. The criminal charges followed the spectacular implosion, in March 2021, of Archegos, which lost billions in mere days....
Prosecutors said Hwang traded in a way that hid the true size of his positions from the rest of the investing public. The alleged criminal conduct pumped Arc
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2022-04-27 00:00:00.0