Hindenburg takes aim at Dorsey's payments firm Block, shares plunge

The US short seller, behind a market rout of over $100 billion in India's Adani Group, said in its report that former Block employees estimated that 40% to 75% of accounts they reviewed were fake, involved in fraud, or were additional accounts tied to a single individual.

from Tech-Economic Times https://ift.tt/uDI1MHX