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Hindenburg research
Video
Do Kwon Developments; Jack Dorsey’s Block Tumbles Following Hindenburg’s Report
A tweet from Montenegro's minister of interior, Filip Adzic, indicates that Terraform Labs co-founder Do Kwon appears to have been arrested in the country. Separately, Block (SQ) shares are tumbling after notable short-seller, Hindenburg Research accuses the company of "wildly" overstating user counts while understating customer acquisition costs.
Video
Jack Dorsey's Block Tumbles After Short-Seller Hindenburg's Report
Shares of Jack Dorsey's fintech payments company Block (SQ) are sinking after being the subject of the latest attack from notable short-seller Hindenburg Research. The company accuses Block of "wildly" overstating user counts while understating customer acquisition costs. "The Hash" panel discusses the report and the alleged revelations about Block's business operations.
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