3min chapter

Bloomberg Daybreak: Asia Edition cover image

Archegos Founder Bill Hwang Convicted, Powell Testimony Wraps

Bloomberg Daybreak: Asia Edition

CHAPTER

Market Manipulation Scheme Trial Testimony

Examination of key witness Tumito's testimony in the trial related to Phil's market manipulation scheme, detailing the strategic stock manipulation tactics and involvement of major counterparties like Credit Suisse and UBS Group, shedding light on regulatory oversights and the downfall of financial institutions due to Archegos' actions.

00:00

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