Hindenburg Research to shut down: Timeline of Nathan Anderson’s explosive allegations on Gautam Adani

Nate Anderson, the co-founder of Hindenburg Research, made the public-'s attention the RIP for the US-based investment analysis agency which shot to prominence misinformation evaluation, otherwise which exploded misleading information reports that wiped off billions of dollars from the Indian billionaire Gautam Adani-led Adani Group.

The similar story of the US-based company Hindenburg Research which came out with the first report on the US, India based Adani Group on 24th January 2023 with the title ‘Adani Group: How The World’s 3rd Richest Man Is Pulling The Largest Con In Corporate History’ is cited as being the original one. The Hindenburg Research history Adani report then went ahead and forthrightly claimed that the company had "participated in a deceptive stock manipulate arithmetical falsification technique over the age of many years."

In addition, it also accused the Adani's of forming offshore companies in tax havens such as Mauritius, the UAE, and the Caribbean Islands, by using counterfeit import-export documents showing made-up revenue and their money laundering from their quoted public firms, among others, according to the same report.

The next allegations of the Hindenburg came out on the 10th of August 2024 against the Securities and Exchange Board of India (SEBI) Madhabi Puri Buch. The report then went ahead and forthrightly claimed that the regulator had a conflict of interest through his Buch.

On September 12, a social media post from Hindenburg Research Adani reports claimed that Swiss authorities have frozen more than $310 million in funds across several Swiss Bank accounts related to Adani Group-'s money laundering and securities investigation.

"Swiss authorities have frozen more than $310 million in funds across multiple Swiss bank accounts and it is also reported to Adani as part of a money laundering and securities forgery investigation into Adani, going back as early as 2021," the X-based company behind the report Hindenburg wrote to users. Hindenburg referred to a Swiss outlet called Gotham City which stated fully that the Geneva Public Prosecutor's office was conducting an inquiry on the wrongdoings of the Adani Group conglomerate "long before Hindenburg Research shutdown came into the picture." in one of its tweets.