 Bill Hwang has been found guilty of criminal charges stemming from the collapse of Archegos Capital Management. Hwang and his co-defendant, former Archegos CFO Patrick Halligan, were convicted of defrauding counterparties like Credit Suisse and UBS Group. Now, this would include lying about Archegos' trading activity and lying about the level of risk in the firm's portfolio. Separately, Hwang was found guilty of manipulating several stocks.