Finance
Jack Dorsey’s Block Vows to Fight Back After Hindenburg Says It’s Short the Stock
- Firm alleges ‘key lapses’ in Cash App compliance processes
- Block calls Hindenburg’s claims ‘inaccurate and misleading’
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Block Inc. said it will explore legal action against Hindenburg Research after the short seller issued a report alleging the payments company facilitated fraudsters.
Read More: What Is Short Selling, and Who Is Hindenburg Research?