A notorious short-seller has taken aim at 's payments company Block, releasing a report accusing the firm of misleading investors and embracing a criminal user base.Hindenburg Research on Thursday disclosed its short position in Block and released findings from a two-year investigation, alleging the company 'misled investors on key metrics, and embraced predatory offerings and compliance worst-practices in order to fuel growth.'Shares of Block plunged nearly 15 percent on the day, and Dorsey's net worth took a $562 million hit, dropping 11 percent to $4.4 billion, according to the .
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