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Wall Street investor Hwang, once worth billions, arrested

Deputy Attorney General Lisa O. Monaco announces the unsealing of an indictment of Bill Hwang, the founder of Archegos Capital Management, and his former chief financial officer, Patrick Halligan during a news conference in New York, Wednesday, April 27, 2022. Both were expected to appear later in the day in court. They face racketeering conspiracy and fraud charges. (AP Photo/Eduardo Munoz Alvarez)

Wall Street investor Hwang, once worth billions, arrested