Hindenburg Research, a financial research firm, has issued a report claiming that Jack Dorsey’s Block, formerly known as Square, has facilitated fraud for criminals, allowing them to conduct criminal activities using the platform. The report alleges that the company failed to exert know-your-customer (KYC) procedures, leading to inflated user metrics. (Bitcoin.com)
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Hindenburg Research Blasts Jack Dorsey's Block, Alleges It Facilitated Fraud and Inflated User Metrics
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