By CryptoNews - 1 year ago - Reading Time: 1 minutes
Short Seller Hindenburg Research Targets Billionaire Jack Dorsey's Payments Group, Block – What's Going On?
Shares of Twitter founder Jack Dorsey’s fintech firm Block fell 15% on Thursday after the company was targeted by professional short sellers.The fall in Block’s share price came as short-selling firm Hindenburg Research announced that they had taken a short position in Block, Inc., a company led by the well-known Bitcoin (BTC) proponent Jack Dorsey.
Formerly known as Square, Block operates the popular Cash App mobile payment app in the US and the UK. ...
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Original source: CryptoNews