Hwang, who’s free on bail while appealing the verdict behind his 18-year sentence, submitted a pardon application to the Justice Department last year, according to a notice on the DOJ’s website. Hwang’s notice doesn’t specify who filed his petition, and it’s unclear whether anyone reached out to the White House on his behalf. A Justice Department spokesperson declined to comment, and a lawyer handling Hwang’s appeal didn’t respond to messages. So far in his second term, Trump has issued more than 1,600 pardons or commutations, according to the Justice Department. In Hwang’s case, prosecutors said the veteran investor directed Archegos staff to tell banks his firm had large positions in tech giants like Apple Inc and Microsoft Corp.

Source: The Edge Markets January 22, 2026 02:24 UTC