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Wall Street’s Latest ‘Market Manipulation’ Scandal Should Be a Wake-Up Call for Crypto

Archegos levered a small basket of equities to the moon before it imploded - and took big stocks down with it. Similarly overlooked risks in crypto could leave traders holding the bag.

Updated Jun 14, 2024, 8:02 p.m. Published Apr 29, 2022, 6:42 p.m.
Archegos Capital management owner Bill Hwang was arrested for fraud and conspiracy. (Spencer Platt/Getty Images)
Archegos Capital management owner Bill Hwang was arrested for fraud and conspiracy. (Spencer Platt/Getty Images)