Hindenburg Research is taking aim at Jack Dorsey's Block, formerly known as Square, alleging that what the influential short seller called the payments company's "magical" financial technology relied ...

In a report published today (March 23), Hindenburg alleged Block, formerly known as Square, misled investors with inflated user numbers, facilitated payments for criminal activities, evaded regulation ...

Update 1:40pm: Adds Block response to short seller report. Block Inc. (NYSE:SQ), formerly known as Square, pared some if its earlier loss, now down 14%, after a new short report from Hindenburg ...

Block shares dropped sharply on Thursday after Hindenburg Research said it's shorting the payments company. The short-seller said its 2-year investigation indicated the company used inflated metrics ...