from money cnn dot com if anyone wants to read. It’s probably done daily by the hedge funds
And the frauds attorneys continue to argue it’s all legal
Archegos founder Bill Hwang found guilty in multibillion-dollar fraud trial
Archegos’ implosion cost shareholders $100 billion and banks $10 billion, the prosecutors argued.
Hwang’s attorneys asserted that Archegos’ aggressive trades were legal.
In a statement, the US Attorney’s office for the Southern District of New York said Hwang’s guilty verdict sends a message that market manipulation would be held accountable.
AND CLOSER TO HOME afr article
ANZ’s markets division overstated the value of government bonds it traded by more than $50 billion in 12 months alone, boosting its prospects of winning lucrative mandates issuing Commonwealth debts.
The bank admitted to the Australian Office of Financial Management, whic
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