The SEC Is Looking at the UBS Credit Swiss Deal.

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The SEC has, of course, been looking at short seller actions. I don't think Hindenburg has publicly been named as part of the investigation that is being conducted by regulators. Block has denied the allegations and they have seen that they are going to work with the Securities and Exchange Commission to pursue legal action against Hindenburg.

TikTok’s CEO faced bruising questioning in US Congress over the social media app’s links to its Chinese parent company ByteDance, short seller Hindenburg Research has accused payments group Block of artificially inflating its user numbers and facilitating fraudulent transactions, and the wipeout of $17bn of Credit Suisse bonds has sparked panic among rich Asian investors who had loaded up on the risky bank debt.

Mentioned in this podcast:

TikTok chief faces hostile Congress in bid to fight off US ban

Hindenburg Research shorts Jack Dorsey’s payments group Block

Asia investors ‘gobsmacked’ by $17bn Credit Suisse bond wipeout

Crypto fugitive Do Kwon arrested in Montenegro, says interior minister

Credit: Cash App Music Video Compilation (Hindenburg Research)

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