Hindenburg Research's latest victim is Twitter founder Jack Dorsey

Hindenburg Research knows its next victim. It is Jack Dorsey and his company Block $SQ, which allegedly cheated its users and investors. Will Hindenburg liquidate the former Twitter CEO like it did Adani?

Jack Dorsey is likely to be Hindenburg's next victim

Hindenburg Research became famous for its recent exposure and liquidation of Adani Enterpises. So it's clear that investors were eager for another expose. And it didn't take long.

It all started with this tweet:

https://twitter.com/HindenburgRes/status/1638632636250742787

A teaser that another big reveal was coming soon. Hindenburg didn't keep us guessing for long and rolled out a really big fish - Block $SQ, the company of noted visionary Jack Dorsey.

https://twitter.com/HindenburgRes/status/1638881786343063553

Shares promptly plunged as much as 19% at one point after well-known analyst and short-seller Hindenburg Research announced Thursday that the fintech company was its latest short. Hindenburg's full statement can be found here.