{"id":89966,"date":"2024-11-21T00:18:14","date_gmt":"2024-11-21T05:18:14","guid":{"rendered":"https:\/\/www.hedgeco.net\/news\/?p=89966"},"modified":"2024-11-21T02:16:16","modified_gmt":"2024-11-21T07:16:16","slug":"archegos-bill-hwang-sentenced-to-18-years-in-prison-for-massive-u-s-fraud","status":"publish","type":"post","link":"https:\/\/hedgeco.net\/news\/11\/2024\/archegos-bill-hwang-sentenced-to-18-years-in-prison-for-massive-u-s-fraud.html","title":{"rendered":"Archegos\u2019 Bill Hwang sentenced to 18 years in prison for massive U.S. fraud"},"content":{"rendered":"\n<p>(CNBC) Former billionaire investor Sung Kook \u201cBill\u201d Hwang was sentenced to 18 years in prison on Wednesday over the collapse of Archegos Capital Management, which cost Wall Street banks more than $10 billion. Hwang was sentenced by U.S. District Judge Alvin Hellerstein in Manhattan, where a jury convicted Hwang in July on 10 criminal charges.<\/p>\n\n\n\n<p><a href=\"https:\/\/www.cnbc.com\/2024\/11\/20\/archegos-bill-hwang-sentenced-to-18-years-in-prison-for-massive-us-fraud.html\">To read this article:<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"<p>(CNBC) Former billionaire investor Sung Kook \u201cBill\u201d Hwang was sentenced to 18 years in prison on Wednesday over the collapse of Archegos Capital Management, which cost Wall Street banks more than $10 billion. Hwang was sentenced by U.S. District Judge [&hellip;]<\/p>\n","protected":false},"author":4,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[4],"tags":[],"class_list":["post-89966","post","type-post","status-publish","format-standard","hentry","category-syndicated"],"_links":{"self":[{"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/posts\/89966","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/users\/4"}],"replies":[{"embeddable":true,"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/comments?post=89966"}],"version-history":[{"count":1,"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/posts\/89966\/revisions"}],"predecessor-version":[{"id":89967,"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/posts\/89966\/revisions\/89967"}],"wp:attachment":[{"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/media?parent=89966"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/categories?post=89966"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/tags?post=89966"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}