Archegos founder Hwang pleads not guilty to fraud, racketeering charges ...Middle East

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Archegos founder Hwang pleads not guilty to fraud, racketeering charges
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Archegos Capital Management founder Bill Hwang on Wednesday pleaded not guilty to charges of fraud and other financial crimes over the meltdown of his New York family office which left banks with roughly $10 billion in losses. Hwang entered the plea at an initial appearance in Manhattan federal court on Wednesday afternoon after his arrest earlier in the day.

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