Monty Python, flesh wound

Shares in Afterpay’s parent company are getting slaughtered after a short seller accused Block of ‘facilitating criminal activity’

- March 24, 2023 3 MIN READ

Shares in dual-listed Block (ASX:SQ2) fell more than 18% on the ASX on Friday after a US short seller, Hindenburg Research, published a lengthy report accusing the parent company of local fintech Afterpay of inflating its user metrics and fraud facilitation after it used Block’s Cash App to order a cash card under the name… Read more »