Archegos founder Bill Hwang guilty in multibillion-dollar fraud case
![Archegos founder Bill Hwang guilty in multibillion-dollar fraud case](https://netstorage-legit.akamaized.net/images/67d172c108452f26.jpg)
The founder of US investment firm Archegos, Bill Hwang, was found guilty Wednesday of fraud and market manipulation in a case focused on the fund's 2021 implosion that cost major banks billions of dollars.