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Jack Dorsey's Block engaged in fraud, influential short seller alleges

Por: CBS News Business March 24, 2023

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Hindenburg Research is taking aim at Jack Dorsey's Block, formerly known as Square,  that what the influential short seller called the payments company's magical financial technology relied on something less enchanting: fraud.Shares of Block, co-founded by Dorsey in 2009, plunged $11.33, or 15.6%, to $61.32 in afternoon trading. Hindenburg has raised concerns about other big companies, sometimes with devastating results. The firm,... + full article



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