Christian Billionaire Goes on Trial for Major Wall Street Fraud

Federal prosecutors are trying to prove that Bill Hwang committed massive market manipulation through his investment firm Archegos. His defense says he was trading like anyone else on Wall Street.

Bill Hwang brought a book by Dietrich Bonhoeffer to court to read during jury selection.

And during opening arguments on Monday, his Christian connections from New York packed out a courtroom to support him.

He had given his investment firm a Christian name, held Wall Street Bible readings...