Reported 8 months ago
Former head trader of Archegos Capital Management, William Tomita, was spotted playing polo and enjoying leisure time in St. Tropez, France, in the summer after the company's collapse in March 2021. His activities became a subject of controversy during the trial related to fraud and market manipulation, with the judge ruling that Tomita's lifestyle was irrelevant to the case. Despite attempts to challenge his credibility, Tomita's testimony provided damaging insights into the actions of Archegos' founder, Bill Hwang, while he himself hoped for leniency in exchange for cooperation.
Source: YAHOO