Bill Hwang sued by former Archegos employees alleging Christianity used to get interest free loans

2 years ago
4

In one of my previous videos we discussed how Bill Hwang shook up wall street with his overleveraged bets that took a turn for the worst. Now as one would expect with a comedown, the disenfranchised are coming back for a payday or what may rightfully be theirs.

Employees allege the christitanity and public ridicule were used as a tool to curb employee dissent and concern for the risky moves made by Archegos leadership. All in all, the suit against Hwang is a staggering $550 million but considering he just posted $100 million bail, he might just have it.

Now we’ll see what details come out from court and how this tale continues to unfold.

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