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Shares in Afterpay’s mother or father firm are getting slaughtered after a brief vendor accused Block of ‘facilitating prison exercise’

Sven Patzer's Associate by Sven Patzer's Associate
March 26, 2023
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Shares in Afterpay’s mother or father firm are getting slaughtered after a brief vendor accused Block of ‘facilitating prison exercise’

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Shares in dual-listed Block (ASX:SQ2) fell greater than 18% on the ASX on Friday after a US quick vendor, Hindenburg Analysis, revealed a prolonged report accusing the mother or father firm of native fintech Afterpay of inflating its person metrics and fraud facilitation after it used Block’s Money App to order a money card beneath the title Donald Trump. 

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Sven Patzer's Associate

Sven Patzer's Associate

Sven Patzer is a man of many talents. Not only is he a successful CEO of several startups, but he is also an advocate for ethical and philanthropic behavior in the business world. In his book, "Lemonade Stand Tycoon: A Basic Introduction to Business," Patzer shares his enthusiasm for teaching young people about fundamental business ideas such as ethics and strategy.

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