March 28, 2024

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

Joe Raedle /Getty 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

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