This report was really weak ov

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Verdancy Capital Ventures
2023-03-24

This report was really weak overall unlike their previous busts.. unless they have more to reveal. The Hidenburg report in this case doesn't really justify calling it fraud from what I was reading, Block pretty much are doing exactly the same as their competitors and taking advantage of loop holes which Is not Fraud as claimed.. so I'm very curious to see what else is to come.. just my opinion

Hindenburg Shorts Jack Dorsey's Payments Firm Block

March 23 (Reuters) - Hindenburg Research said on Thursday it held short positions in Block Inc, alle

Hindenburg Shorts Jack Dorsey's Payments Firm Block

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koolgal
·2023-03-24
Thanks for sharing
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2
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jethro
·2023-03-24
thanks for sharing
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KenMKH
·2023-03-24
Ok
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koolgal
·2023-03-24
😊😊😊
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M2M
·2023-03-24
👍
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MeHu
·2023-03-24
Ok
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Larry Wong
·2023-03-24
Ok
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Larry Wong
·2023-03-24
Ok
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虎火
·2023-03-24
Ok
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Mooo
·2023-03-24
Ok
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A79
·2023-03-24
Hmm
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1
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ALai
·2023-03-24
k
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jksway
·2023-03-24
thanks
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Tiger Win
·2023-03-24
K
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1
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TigerFly
·2023-03-24
Ok
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1
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WalkerWoon
·2023-03-24
Ok
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koolgal
·2023-03-24
👍😊
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1
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Birdiebrog
·2023-03-24
Hm
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Longmao
·2023-03-24
Ok
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Birdiebear
·2023-03-24
J
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The&nbsp;Hidenburg report in this case&nbsp;doesn't really justify calling it&nbsp;fraud from what I was reading, Block pretty much are doing exactly the same as their competitors and taking advantage of loop holes which Is not Fraud as claimed.. so I'm very curious to see what else is to come.. just my opinion&nbsp;</body></html>","htmlText":"<html><head></head><body>This report was really weak overall unlike their previous busts.. unless they have more to reveal. The&nbsp;Hidenburg report in this case&nbsp;doesn't really justify calling it&nbsp;fraud from what I was reading, Block pretty much are doing exactly the same as their competitors and taking advantage of loop holes which Is not Fraud as claimed.. so I'm very curious to see what else is to come.. just my opinion&nbsp;</body></html>","text":"This report was really weak overall unlike their previous busts.. unless they have more to reveal. The Hidenburg report in this case doesn't really justify calling it fraud from what I was reading, Block pretty much are doing exactly the same as their competitors and taking advantage of loop holes which Is not Fraud as claimed.. so I'm very curious to see what else is to come.. just my opinion","highlighted":2,"essential":1,"paper":1,"likeSize":24,"commentSize":22,"repostSize":0,"favoriteSize":0,"link":"https://ttm.financial/post/9943405734","repostId":1168727572,"repostType":2,"repost":{"id":"1168727572","kind":"news","weMediaInfo":{"introduction":"Reuters.com brings you the latest news from around the world, covering breaking news in markets, business, politics, entertainment and technology","home_visible":1,"media_name":"Reuters","id":"1036604489","head_image":"https://static.tigerbbs.com/443ce19704621c837795676028cec868"},"pubTimestamp":1679575139,"share":"https://www.laohu8.com/m/news/1168727572?lang=&edition=full","pubTime":"2023-03-23 20:38","market":"us","language":"en","title":"Hindenburg Shorts Jack Dorsey's Payments Firm Block","url":"https://stock-news.laohu8.com/highlight/detail?id=1168727572","media":"Reuters","summary":"March 23 (Reuters) - Hindenburg Research said on Thursday it held short positions in Block Inc, alle","content":"<html><head></head><body>March 23 (Reuters) - Hindenburg Research said on Thursday it held short positions in Block Inc, alleging that the Jack Dorsey-led payments firm overstated its user counts and understated its customer acquisition costs.&#34;Our 2-year investigation has concluded that Block has systematically taken advantage of the demographics it claims to be helping,&#34; the short seller said in a note published on its website.Shares of Block fell 18% in premarket trading after the report.<img src=\"https://static.tigerbbs.com/f07dcc812a463d2da5005957a2890834\" tg-width=\"826\" tg-height=\"620\" width=\"100%\" height=\"auto\"/>Block did not immediately respond to a Reuters request for comment.The U.S. short-seller, behind a market rout of over $100 billion in India&#39;s Adani Group, said in its latest report that former Block employees estimated that 40%-75% of accounts they reviewed were fake, involved in fraud, or were additional accounts tied to a single individual.Reuters could not verify the claims raised by Hindenburg against Block.About 5.2% of Block&#39;s free float shares were in short position as of March 22, according to Ortex data.Founded in 2017 by Nathan Anderson, Hindenburg Research is a forensic financial research firm that analyses equity, credit and derivatives. It has a track-record of finding corporate wrongdoings and placing bets against the companies.</body></html>","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Hindenburg Shorts Jack Dorsey's Payments Firm Block</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nHindenburg Shorts Jack Dorsey's Payments Firm Block\n</h2>\n\n<h4 class=\"meta\">\n\n\n<a class=\"head\" href=\"https://laohu8.com/wemedia/1036604489\">\n\n\n<div class=\"h-thumb\" style=\"background-image:url(https://static.tigerbbs.com/443ce19704621c837795676028cec868);background-size:cover;\"></div>\n\n<div class=\"h-content\">\nReuters \n2023-03-23 20:38\n</div>\n\n</a>\n\n\n</h4>\n\n</header>\n<article>\n<html><head></head><body>March 23 (Reuters) - Hindenburg Research said on Thursday it held short positions in Block Inc, alleging that the Jack Dorsey-led payments firm overstated its user counts and understated its customer acquisition costs.&#34;Our 2-year investigation has concluded that Block has systematically taken advantage of the demographics it claims to be helping,&#34; the short seller said in a note published on its website.Shares of Block fell 18% in premarket trading after the report.<img src=\"https://static.tigerbbs.com/f07dcc812a463d2da5005957a2890834\" tg-width=\"826\" tg-height=\"620\" width=\"100%\" height=\"auto\"/>Block did not immediately respond to a Reuters request for comment.The U.S. short-seller, behind a market rout of over $100 billion in India&#39;s Adani Group, said in its latest report that former Block employees estimated that 40%-75% of accounts they reviewed were fake, involved in fraud, or were additional accounts tied to a single individual.Reuters could not verify the claims raised by Hindenburg against Block.About 5.2% of Block&#39;s free float shares were in short position as of March 22, according to Ortex data.Founded in 2017 by Nathan Anderson, Hindenburg Research is a forensic financial research firm that analyses equity, credit and derivatives. It has a track-record of finding corporate wrongdoings and placing bets against the companies.</body></html>\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"SQ":"Block"},"source_url":"","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1168727572","content_text":"March 23 (Reuters) - Hindenburg Research said on Thursday it held short positions in Block Inc, alleging that the Jack Dorsey-led payments firm overstated its user counts and understated its customer acquisition costs.\"Our 2-year investigation has concluded that Block has systematically taken advantage of the demographics it claims to be helping,\" the short seller said in a note published on its website.Shares of Block fell 18% in premarket trading after the report.Block did not immediately respond to a Reuters request for comment.The U.S. short-seller, behind a market rout of over $100 billion in India's Adani Group, said in its latest report that former Block employees estimated that 40%-75% of accounts they reviewed were fake, involved in fraud, or were additional accounts tied to a single individual.Reuters could not verify the claims raised by Hindenburg against Block.About 5.2% of Block's free float shares were in short position as of March 22, according to Ortex data.Founded in 2017 by Nathan Anderson, Hindenburg Research is a forensic financial research firm that analyses equity, credit and derivatives. 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