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America’s short seller firm Hindenburg has now made serious allegations against a new company after Gautam Adani Group. This company is Block Inc associated with the technology sector. The report alleged that Block Inc, led by Twitter co-founder Jack Dorsey, had fraudulently inflated the number of users. At the same time, the company reduced its customer acquisition cost. However, do you know what is Hindenburg and who is behind it?
What is the new revelation of Hindenburg, Read here-After Adani, Hindenburg’s bomb explodes on this businessman, makes serious allegations
What is Hindenburg: Hindenburg is a firm specializing in forensic financial research. The firm was founded in the year 2017 by Nathan Anderson. This company not only analyzes Equity, Credit and Derivatives but also does research from the angle of man-made disasters. During the research, the company finds irregularities, mismanagement and other irregularities.
Reason for the name Hindenburg: Actually, there was an airline named after Hindenburg. This airline had a major accident in 1937 with a flight. A Hindenburg Airlines plane with about 100 people on board crashed in the town of Manchester in New Jersey, USA, killing several people. The Hindenburg Company was named after this tragedy.
Who is the founder: The founder of this company is Nathan Anderson. Talking about Anderson’s education, he has completed his graduation from the University of Connecticut. He started his career with data company FactSet Research Systems Inc. Here his work was related to investment management companies. Anderson has also worked as an ambulance driver in Israel to make a living.