Overview

• The trial, which began in May, involves Hwang and his deputy Patrick Halligan, both pleading not guilty.
• Prosecutors claim Hwang's actions caused over $100 billion in shareholder losses and $10 billion in bank losses.
• Hwang's defense argues that aggressive but legal trading methods were criminalized due to the banks' financial losses.
• Key testimonies from former Archegos insiders allege deceptive practices and manipulation of stock prices.
• If convicted, Hwang and Halligan face up to 20 years in prison on each charge, though sentences are likely to be lower.