Announcement of the indictment Archegos’s Hwang and Halligan

Damian Williams, U.S. Attorney for the Southern District of New York, points to a chart announcing the indictment charging Sung Kook (Bill) Hwang, the founder and head of a private investment firm known as Archegos, and Patrick Halligan, Archegos’s Chief Financial Officer, with racketeering conspiracy, securities fraud, and wire fraud offences, at U.S. Attorney’s Office for the Southern District of New York, in New York City, U.S., April 27, 2022. REUTERS/Shannon Stapleton