Bill Hwang, the former billionaire investor and founder of Archegos Capital, has been sentenced to 18 years in prison following his conviction on 10 criminal charges, which include wire fraud, securities fraud, and market manipulation. The sentencing took place in Manhattan after a jury found Hwang guilty in July 2024. Meanwhile, in South Korea, opposition leader Lee Jae-myung was cleared of charges related to subornation of perjury by the Seoul Central District Court. This ruling is significant as it comes amid a series of legal challenges that could impact his political future. Additionally, U.S. District Judge Sara Ellis sentenced Sean Grusd to seven years in prison for stealing $23 million through financial scams. The legal landscape remains active, with ongoing cases involving other figures such as Thomas Trikasih Lembong, a former Indonesian Trade Minister, who is currently facing corruption charges and is awaiting a court ruling on a pretrial motion.