Block STOCK Falls 20% As Jack Dorsey’s Company Cheats
Jack Dorsey’s Company commits fraud as block plunges 20%
Jack Dorsey is back on the public’s eye, and not necessarily with the best news. As he has been quite for the past few months, comes back with his block company falling 20% amid short seller accusation of inflated metrics and avoiding regulation.
The digital payment company formally known as square has “systematically taken advantage of the demographics it claims to be helping.
Hindenburg Research accuses DORSEY’s company of facilitating fraud against consumers and government, avoid regulation dress up predatory loans and fees, as revolutionary technology and misled investors with inflated metrics.
View full article on cnbc and learn more about this latest news on block stock and Dorsey
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