Bill Hwang, the founder of Archegos Capital Management, was convicted of manipulating stock prices and defrauding banks in a scheme that minted him a multibillion-dollar fortune before his firm collapsed in March 2021.

Bill Hwang, the founder of Archegos Capital Management, was convicted of manipulating stock prices and defrauding banks in a scheme that minted him a multibillion-dollar fortune before his firm collapsed in March 2021.