Jack Dorsey loses vast wealth after Hindenburg report on Blank Incorporation

Posted By: Anwesha Adhikary | Posted: March 24, 2023 2:40 pm| Updated: March 24, 2023 2:40 PM

Jack Dorsey Loses Huge Wealth After Hindenburg's Report On Blank Incorporation |  sangbad pratidin

Daily digital news desk: Jack Dorsey after Adani. After the publication of the Hindenburg report, the wealth of another industrialist began to decline. Jack, the founder of Block Inc., is known to have amassed a fortune of half a billion dollars. A few days ago, Hindenburg published an investigative report against the company. After that, 22 percent of the company’s shares fell.

The Hindenburg Report claimed that Block Incorporation illegally increased the number of subscribers. The company’s customer base was increased by opening several fake accounts. Senior Block Corporation officials were involved in all matters. Hindenburg’s report revealed that everything was carried out under his direction.

[আরও পড়ুন: ৩১ মার্চের মধ্যে করতেই হবে এই কাজগুলি, নইলে গুনতে হবে মোটা অঙ্কের জরিমানা]

Hindenburg claims that Jack Dorsey misled investors by increasing the number of clients. They attract more investment by promoting their company as popular. That is why Block Inc. shares have risen tremendously in a very short period of time. Jack Dorris made huge profits selling shares in the company.

Shares in Dorsey’s company have fallen 22 percent since the Hindenburg report was published. The Bloomberg Index states that Jack’s wealth has fallen by 11 percent. In this incident, many will find Adani’s shadow, according to informed sources.

[আরও পড়ুন: দু’বছরের কারাদণ্ডের জের, খারিজ হয়ে গেল রাহুল গান্ধীর সাংসদ পদ]

Sangbad Pratidin News App – Download Sangbad Pratidin App to get latest news updates

Like us on Facebook to stay on top of regular news Follow him on Twitter

Leave a Comment