Archegos Head Trader Who Became Star Witness Avoids Prison

Bloomberg•Tuesday, October 21, 2025 at 4:00:10 PM

William Tomita, the former head trader of Archegos Capital Management, has avoided prison time after cooperating with prosecutors in the case against his former boss, Bill Hwang. This outcome highlights the complexities of financial regulations and the consequences of corporate mismanagement, especially following the firm's dramatic collapse in 2021. Tomita's decision to testify not only spared him from incarceration but also sheds light on the importance of accountability in the finance sector.

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