Former Twitter CEO Jack Dorsey has had better days. On Thursday, March 23rd, his company Block (formerly known as Square) took a tumble in the stock market, as the price of the company’s shares fell by nearly 15% – causing Dorsey’s net worth to fall by U$562 million dollars. The sharp decline in share prices was caused by a report by Hindenburg Research “accusing the firm of misleading investors and embracing a criminal user base.” Dorsey’s problems with criminal infiltration on one of his platforms is nothing new. It also festered on Twitter, primarily in the form of child exploitation material, so much so that, when Elon Musk purchased the company, he stated that “removing child exploitation is priority #1” in a tweet in late November.
