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Muddy Waters-accusatory position unchanged

2022.12.01 14:55

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Muddy Waters-accusatory position unchanged

Budrigannews.com – Muddy Walters, (NYSE). In a note on Thursday, the company confirmed its opinion that there are many errors in the books of the Uruguayan payment agency dLocal, and stated that it is “more confident than before” that dLocal uses customer funds to pay special dividends to shareholders in the period before the company’s IPO.

Maddy Walters claimed that Dlokal contacted customers of a number of banks after they made accusations.

After JP Morgan reported that dLocal emphasizes that it has split its own funds with its own clients. Although Dlokal had previously denied Muddy Water’s report, he did not immediately respond to a question for comment.

“Refute the accusations in the right forum at the right time,” the report said last month. “In order to solve this problem, dLocal needed to provide explanations of how the money is consistent,” Muddy Walters said of dLocal’s phone calls as “vague” and “sweet.”

Last month, Muddy Waite closed the payment company, reporting a deficit of dLocal in the amount of $ 3 million to finance dividends, and in the amount of $4 million.

Dollars to the Maltese subsidiary to finance the funds. Muddy Walters also once again stated that a number of additional errors have been identified in DLOCAL’s ledgers, which companies “must eliminate essentially in writing.”

The charges against hedge funds appeared due to the fact that the Ministry of Justice is considering the cases of the founder of hedge funds, Carson Bloch, during the investigation of short sellers and hedge funds for allegedly coordinated manipulation.

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Muddy Waters-accusatory position unchanged

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