Icahn rightly got charged by the SEC for failing to disclose details of his massive margin loan. The company is still operating a ponzi-like structure, as we originally alleged. Icahn Enterprises lost almost $1 billion last quarter alone yet is paying out a distribution

Right on cue: Icahn Enterprises announces offering of up to $400 million in $IEP units. sec.gov/ix?doc=/Archiv…

Tingo has been found in default after it failed to respond to SEC allegations of billions of dollars of fraudulent transactions. The CEO is facing criminal indictment by the DoJ and is still at large, presumably in Nigeria. $TIOG $TMNA Hindenburg Research

NEW FROM US: iLearningEngines — An Artificial Intelligence SPAC With Artificial Partners And Artificial Revenue (1/x) hindenburgresearch.com/aile/ $AILE

Update: Media outlet Scroll now reports that a current SEBI board member has refuted SEBI Chair Madhabi Buch’s key claim that “All disclosures and recusals have been diligently followed” relating to Buch’s personal investment in an offshore fund being investigated in the Adani

$AILE just reported that a director resigned the day we published our Hindenburg Research report. The company still hasn’t addressed a single finding from our report. Total scam. sec.gov/Archives/edgar…

$AILE, which is a complete scam, just announced a special committee to investigate our Hindenburg Research report. A quote from the CEO in the press release: "The company I founded has real products, contracts, and revenue”. investors.ilearningengines.com/news-releases/…

The SEC has halted $BYU, though it only has the authority to halt for up to 10 business days. It is up to Nasdaq to halt for longer periods or delist securities that are in open violation of rules. Once again the SEC is doing the job Nasdaq should be doing.

Wall Street Is Worried About Carl Icahn - NY Times “There’s a confidence game and he’s lost the confidence of investors” $IEP's reported NAV is ~$8.38/unit. Genuine NAV is much lower in our view, plus Icahn still has billions in margin loans to unwind. nytimes.com/2024/09/06/bus…

$AILE's CEO finally issued a response this morning that was not signed by the board or the company. The response tacitly confirmed the central allegation in our report: Experion, the company’s previously unnamed "Technology Partner", which accounted for 92.6% of '23 revenue, is

New allegations have emerged that the private consulting entity, 99% owned by SEBI Chair Madhabi Buch, accepted payments from multiple listed companies regulated by SEBI during her time as SEBI Whole-Time Member. The companies include: Mahindra & Mahindra, ICICI Bank, Dr.

Swiss authorities have frozen more than $310 million in funds across multiple Swiss bank accounts as part of a money laundering and securities forgery investigation into Adani, dating back as early as 2021. Prosecutors detailed how an Adani frontman invested in opaque