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Jack Dorsey's Block Suffers Plummeting Share Price Amid Claims It Enabled Fraud, Inflated User Stats - Vimarsana News

Jack Dorsey's Block Suffers Plummeting Share Price Amid Claims It Enabled Fraud, Inflated User Stats

Former Twitter CEO Jack Dorsey's payment processing firm Block suffered a stock price drop of 15 percent this week after claims by Hindenburg Research that the company has facilitated fraud and inflated its user numbers. Researchers were reportedly able to set up a Cash App account in the name of former President Donald Trump, and even secure a Cash App card with his name on it.

Jack Dorsey's Block Suffers Plummeting Share Price Amid Claims It Enabled Fraud, Inflated User Stats - Vimarsana News

Jack Dorsey's Block Suffers Plummeting Share Price Amid Claims It Enabled Fraud, Inflated User Stats

Former Twitter CEO Jack Dorsey's payment processing firm Block suffered a stock price drop of 15 percent this week after claims by Hindenburg Research that the company has facilitated fraud and inflated its user numbers. Researchers were reportedly able to set up a Cash App account in the name of former President Donald Trump, and even secure a Cash App card with his name on it.

Welcome To IANS Live - LatestNews - Jack Dorsey-run Block misleads investors, facilitates fraud: Hindenburg Research - Vimarsana News

Welcome To IANS Live - LatestNews - Jack Dorsey-run Block misleads investors, facilitates fraud: Hindenburg Research

Block, formerly known as Square, is a $44 billion market cap company that claims to have developed a

Welcome To IANS Live - SCIENCE-AND-TECHNOLOGY - Jack Dorsey-run Block misleads investors, facilitates fraud: Hindenburg Research - Vimarsana News

Welcome To IANS Live - SCIENCE-AND-TECHNOLOGY - Jack Dorsey-run Block misleads investors, facilitates fraud: Hindenburg Research

Block, formerly known as Square, is a $44 billion market cap company that claims to have developed a

Welcome To IANS Live - BUSINESS - Jack Dorsey-run Block misleads investors, facilitates fraud: Hindenburg Research - Vimarsana News

Welcome To IANS Live - BUSINESS - Jack Dorsey-run Block misleads investors, facilitates fraud: Hindenburg Research

Block, formerly known as Square, is a $44 billion market cap company that claims to have developed a