Bill Hwang applies for presidential pardon after Archegos fraud conviction
Bill Hwang has applied for a presidential pardon following his 2024 conviction. The request stems from the 2021 Archegos collapse that cost banks $10 billion.
bill hwang, the founder of Archegos Capital Management, has applied for a presidential pardon in the 
US following his 2024 conviction on charges of fraud and market manipulation. The request is currently under review by the US Justice Department's Office of the Pardon Attorney, which makes recommendations to the President. This application follows the 2021 collapse of his family office, which resulted in more than $10 billion in losses to Wall Street banks.
US following his 2024 conviction on charges of fraud and market manipulation. The request is currently under review by the US Justice Department's Office of the Pardon Attorney, which makes recommendations to the President. This application follows the 2021 collapse of his family office, which resulted in more than $10 billion in losses to Wall Street banks.
