Bill Hwang, center, founder of Archegos Capital Management, departs federal court, Wednesday, Nov. 20, 2024, in New York. (AP Photo/Julia Demaree Nikhinson)

Bill Hwang, left, founder of Archegos Capital Management, departs federal court, Wednesday, Nov. 20, 2024, in New York. (AP Photo/Julia Demaree Nikhinson)

Bill Hwang, founder of Archegos Capital Management, departs federal court, Wednesday, Nov. 20, 2024, in New York. (AP Photo/Julia Demaree Nikhinson)