Hindenburg: Block Has Inflated User Metrics and Enabled Insiders To Cash Out Over $1 Billion

Slashdot
By msmashMar 23, 2023, 8:40 am149 pts
Short seller Hindenburg Research, on Block: Block, formerly known as Square, is a $44 billion market cap company that claims to have developed a "frictionless" and "magical" financial technology with a mission to empower the "unbanked" and the "underbanked." Our 2-year investigation has concluded that Block has…

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