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Archegos’ Hwang, Halligan plead not guilty to U.S. criminal charges -Breaking

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© Reuters. FILEPHOTO: Walking past Archegos Capital on 888 7th Ave in Manhattan during the coronavirus pandemic (COVID-19), New York City, U.S.A, March 29, 2021. REUTERS/Carlo Allegri

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NEW YORK, (Reuters) – Archegos Capital Management founder Bill Hwang and Patrick Halligan, its chief financial officer, pleaded guilty Wednesday to U.S. criminal allegations over the collapse of their family office that caused banks billions in losses.

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