Reason Behind Bill Hwang's Arrest

Bill Hwang, 58, is an American New York-based investor on Wall Street.

He was arrested for fraud and racketeering charges.

Marks as one of the highest-profile criminal white-collar cases in years. 

Patrick Halligan, the CFO of Archegos, likewise got arrested.

The two men were accused of 11 criminal counts.

Market manipulation

Wire fraud

Securities fraud

Curved Arrow

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