US Judge Told Archegos Founder Can't Afford What Defense Says Is 'Unjustified' $10 Billion Restitution

Prosecutors have asked U.S. District Judge Alvin Hellerstein to sentence Archegos Capital Management founder Sung Kook “Bill” Hwang to 21 years behind bars and forfeit $10 billion. But his lawyers say he’s only worth $55 million now.

       
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