Jack Dorsey


Hindenburg Research, a well-known investment research firm, recently released a report on Block, the payment company co-founded by Jack Dorsey. The report contained allegations of non-compliance and fraud, stating that Block did not offer a discernible edge over its rivals and had facilitated fraud to increase its stock price. Hindenburg Research Releases Report, Block Fires Back with Denial Block, however, fired back with a strong denial, calling the allegations “false and misleading.” The company claimed…