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A comment on Hindenburg Research Outs Block Inc as Fraud. Parent comment

Re:Hindenburg Research Outs Block Inc as Fraud by cornholio on Thursday March 23, 2023 @10:39AM (#35275530)
> illegal activities that will go away if the law cracks down on them, that is a matter of concern for CashApp investors.

And indeed for any luxury brand that exists. I still don't understand how that makes the app itself a fraud.

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Re:Hindenburg Research Outs Block Inc as Fraud by zht on Thursday March 23, 2023 @10:57AM (#35275807)
The report reads like someone who doesn't seem to like the target demographic associated with CashApp and the type of music listed...
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Re:Hindenburg Research Outs Block Inc as Fraud by revelio on Thursday March 23, 2023 @11:42AM (#35276536)
It reads like people who understand that under US law Block were expected to actively search for and fight criminal activity on their platform. If a rapper raps about their fav sports car then whatever, car companies aren't expected to stop criminals from driving. If they rap about paying for murders through your app, that's actually a serious legal problem for the company providing the service.
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Re:Hindenburg Research Outs Block Inc as Fraud by lanstin on Thursday March 23, 2023 @11:10AM (#35276050)
If your money app allows you to be scammed with no recourse to pull back the funds, then as a customer in a free market where better fraud protections exist, you are going to consider that app to be scammy.

This is marketing not moral reasoning, and as customers, please encourage other customers to have a low tolerance for being blamed for fraud.

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