In its investigation, Hindenburg alleged it found that Jack Dorsey’s Block wildly popular Cash App was likely facilitating scammers taking advantage of government-stimulus programs during the pandemic
ASX-listed shares of Afterpay-owner Block plunged more than 20 per cent on Friday after a report from short seller Hindenburg Research alleged the fintech facilitated fraudsters and other criminal activity.
ASX-listed shares of Afterpay-owner Block plunged more than 20 per cent on Friday after a report from short seller Hindenburg Research alleged the fintech facilitated fraudsters and other criminal activity.