Archegos Co-CEO Abandons Efforts to Secure Funds Linked to Bill Hwang Amid US Regulatory Pushback

In a surprising turn of events, the co-CEO of Archegos Capital Management has decided to drop attempts to reclaim financial resources tied to the firm's founder, Bill Hwang. This development comes in the wake of increasing scrutiny and opposition from US authorities, making the complex situation surrounding Hwang and his once-thriving investment firm even more tangled.

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