One of the largest brokers for Russians Freedom Holdings was the new victim Hindenburg Research
Hindenburg Research activists accused Freedom Holdings of bypassing sanctions and reporting. What's happened? The famous Hindenburg Research activists accused Freedom Holdings, controlled by businessman Timur Turglov, of “impudent evasion of sanctions”, falsification of revenue, using customer funds for risky bets and market manipulation. The shares of the broker trading on the NASDAQ on the premarket fell by more than 10%, but by 19:00 in Moscow the fall slowed up to 2.9%.