Hindenberg research released a report exposing fraud in Dorsey's Block company. Block shares plunge. - The Great Awakening

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Hindenberg research released a report exposing fraud in Dorsey's Block company. Block shares plunge. (hindenburgresearch.com)

posted 1 year ago by bubble_bursts 1 year ago by bubble_bursts +203 / -0

Block: How Inflated User Metrics and “Frictionless” Fraud Facilitation Enabled Insiders To Cash Out Over $1 Billion

Block Inc., formerly known as Square Inc., is a $44 billion market cap company that claims to have developed a “frictionless” and “magical” financial technology with a mission to empower the “unban…

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– inspoken 1 point 1 year ago +1 / -0

I think it started more as an alternate currency, a way to pay for things like the dollar or yen but with less of a trace. The criminal element is always drawn to those sorts of things.

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