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Rise and Fall of Archegos: Legal Battles and Market Manipulation Convictions
The chapter explores the downfall of secretive family office Archegos as billions vanished overnight due to financial collapse, leading to convictions for fraud and market manipulation. Expert analysis on the significance of the prosecution's win in educating the jury about complex financial concepts and the potential impact on future market manipulation cases is discussed. The chapter highlights the challenges faced by the defense in establishing the founder's dominance in a scheme involving manipulating stock prices and the implications for trust in the financial industry.