Today, the U.S. prosecutor said that "Bill Huang, the protagonist of the century's biggest margin call, should be sentenced to 21 years in prison." Bill Huang's margin call was 15 billion U.S. dollars in one day.
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Bill Huang's legendary life: $15 billion liquidated in three days
Legendary trader Bill Huang made 15 billion US dollars from 200 million, but his account was liquidated overnight He started from scratch, earned $15 billion in 20 years, and lost it all in just one day. As the protagonist of this century's big liquidation, he personally demonstrated to global investors what life is like a dream. This is Bill Huang, the world's biggest loser who created a single-day liquidation of $15 billion in 2021. This also set a record for the largest single-day loss in human history. No one cared about making money for 20 years, but once the loss was known to the world. As a risk gambler, he manipulated $160 billion through high leverage. In the end, not only did he lose his tens of billions of dollars, he also owed a large amount of debt and caused heavy losses to financial institutions, mainly Nomura and UBS.
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