Jack Dorsey’s Net Worth Decreases by $526 Million Following Hindenburg Report on Block Fraud

  • The Hindenburg report accused Dorsey’s fintech firm of committing financial fraud of $1 billion.
  • The report stated that the firm overstated the number of users and understated customer acquisition costs.
  • Jack Dorsey’s net worth has decreased by $526 million as a result of the report.
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