Hindenburg, which dealt Adani a $140bn m-cap blow, to disband

Jan 17, 2025 - 04:30
Hindenburg, which dealt Adani a $140bn m-cap blow, to disband

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Hindenburg Research, known for targeting Adani Group in 2023 and causing a $140 billion loss in market value, is winding down. Despite facing backlash and stirring controversy, it uncovered corporate fraud globally, leading to significant legal actions and financial implications.

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