Hindenburg accuses Block of $1 billion fraud; Jack Dorsey wealth tumbles $526 Million

Hindenburg Research on March 23 came out with a critical report on America's mobile payment company Block, which is headed by Twitter co-founder Jack Dorsey. The report alleged the payments company ignored a widespread fraud intentionally. Block Inc. co-founder Jack Dorsey's net worth was hammered after Hindenburg Research's latest report.