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Dubai News Club > Tech > Is Jack Dorsey going to get blown up by Hindenburg Research?
Tech

Is Jack Dorsey going to get blown up by Hindenburg Research?

Press Room
Last updated: 2023/03/23
Press Room
Published: March 23, 2023
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1 Min Read
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How’s our favorite Bitcoin maxi Jack Dorsey doing? Well, the short sellers at Hindenburg Research published an absolute barn-burner of a report alleging widespread fraud at his company, Block. Besides that, Hindenburg says Block misled its investors and is engaging in predatory lending practices.

Oh, okay! Block is threatening to sue. Its shares closed down almost 15 percent on March 23rd, the day the report was released, from the day before.

Sure, it’s rude to bet on someone’s failure…

Source

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