2023-03-23
$SQ whoa - 122 mentions of word “fraud” in latest by Hindenburg https://twitter.com/...
Reuters
Block drops 10%+ after Hindenburg Research discloses a short position and alleges the company overstated user counts and understated customer acquisition costs
Hindenburg Research said on Thursday it held short positions in Block Inc (SQ.N), alleging that the Jack Dorsey-led payments firm overstated …
2022-12-13
The SEC charged SBF: “SBF engaged in a scheme to defraud equity investors in FTX...at the same time that he was also defrauding the platform's customers” “SBF also used commingled funds from Alameda to make large political donations...” https://www.sec.gov/...
U.S. Securities and Exchange Commission
The SEC charges Sam Bankman-Fried with defrauding investors and concealing diverting FTX customer funds to Alameda while raising $1.8B+ since at least May 2019
Defendant concealed his diversion of FTX customers' funds to crypto trading firm Alameda Research while raising more than $1.8 billion from investors
2022-05-10
FinTwit traders: I had a bad trading day Tiger Global: hold my beer https://www.ft.com/...
CNBC
At Monday's close, the largest US tech companies lost $1T+ in value over three trading sessions; Apple lost $220B, Microsoft $189B, Amazon $173B, and Meta $70B
- Apple, the most valuable publicly traded company, has seen its market capitalization trimmed by over $200 billion since Wednesday …
FinTwit traders: I had a bad trading day Tiger Global: hold my beer https://www.ft.com/...
Financial Times
Analysis: Tiger Global has lost about $17B in 2022 during the tech stock sell-off, erasing around two-thirds of its gains made since 2001 in four months
Hedge fund suffers ‘breathtaking’ drop as speculative stocks sink from pandemic peaks — Tiger Global has been hit by losses …