
Shares Of Block Have Not Recovered From Short-Seller Attack With Fraud Allegations!
Shares of Block, which was attacked by short-seller Nathan Anderson and his at Hindenburg Research, failed to recover after the release of the disastrous report on Thursday. The report accuses Block of systematic crime facilitation, misrepresentation, and investment fraud. Block co-founder Jack Dorsey’s net worth plunged by $526 million. He’s now worth $4.4 billion after the 11% drop, according to the Bloomberg Billionaires Index.