It's not great reporting. The article seems to be fixated on how he lied to his finance sources, and acts like that was the only thing he did wrong. If you re

It's not great reporting. The article seems to be fixated on how he lied to his finance sources, and acts like that was the only thing he did wrong. If you read the SEC lawsuit [1], the problem is less that he lied to his finance sources and more about what he did with the funds, which was blatant market manipulation: "Archegos, through Hwang and Tomita, effected this scheme by dominating the market for its Top 10 Holdings, as well as by “setting the tone” (i.e., engaging in large pre- market trading), bidding up prices by entering incrementally higher limit orders throughout the trading day, and “marking the close” (i.e., engaging in large trading in the last 30 minutes of the trading day) and by other non-economic trading, all with the goal of artificially inflating the share prices of its Top 10 Holdings." I mean, obviously he lied to his finance sources. It's not like he was going to tell them that he was using their funds to manipulation the market. [1] https://www.sec.gov/files/litigation/complaints/2022/comp-pr2022-70.pdf https://www.sec.gov/files/litigation/complaints/2022/comp-pr...