Short seller Carson Block of Muddy Waters emphasizes the importance of short sellers in detecting market fraud and aiding regulatory bodies.
Carson Block, Muddy Waters founder, highlights the crucial role of short sellers in combating market fraud, particularly during a speculative bull run. Short sellers, who profit by betting against companies, assist regulatory bodies like the SEC by detecting fraudulent activities. However, they face opposition from regulators and investors and struggle to thrive in the current market environment.
July 12, 2024
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