Subheading Now, American short-seller firm Hindenburg Research has targeted technology firm Block Inc and made several serious allegations. According to the Hindenburg Report, Block Inc., a company led by Jack Dorsey, fraudulently inflated its user base.
On January 24, 2023, American research firm Hindenburg exposed Adani Group. After which Adani Group’s shares fell drastically. The Adani Group is yet to come out of the Hindenburg revelations. Just 2 months after the revelations on the Adani Group, Hidenburg has now opened a front against another company. Hindenburg gave a hint on Thursday morning in a tweet.
In fact, now the American short seller firm Hindenburg Research has targeted the technology firm Block Inc and made several serious allegations. According to Hidenburg’s report, Block Inc., a company led by Jack Dorsey, fraudulently inflated its user base. It has since reduced its customer acquisition costs.
