The report alleges company insiders misled customers and regulators by using artificially inflated metrics and cashed out $1 billion between March 2020 and December of the next year. Following the report’s publication, Block shares fell 19% in U.S. pre-market trading.
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Books for Dorsey’s Block Not Square: Research Report
Hindenburg Research published a new report alleging massive fraud from Block Inc., which was founded by ex-Twitter chief Jack Dorsey. So reports Outlook.
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