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Was the Archegos implosion illegal?
Behind the Money
The Evolution of Archegos
In 2012, despite facing a setback, Wong transforms his hedge fund into a family office named Archegos, exclusively investing his own money to evade external regulatory scrutiny. This shift allows him to operate with greater secrecy and fewer reporting requirements, distinguishing a family office from a traditional hedge fund. Initially small-scale, Archegos gains momentum between 2020 and 2021, culminating in a significant development.
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