Hindenburg Research has accused Block, the company co-founded by Jack Dorsey, of overstating its user base. The investment group, which previously alleged fraud by Indian company Adani Enterprises, released a new report Thursday asserting that Block has significantly overestimated its user numbers. Jack Dorsey, the former CEO of Twitter and current CEO of Block, is not directly implicated in the allegations.

The report details Hindenburg Research’s concerns regarding Block’s user growth metrics.

Topics: #ceo #former #twitter

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