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Nigeria-based Tingo, which offers mobiles and credit to farmers, fell ~80% after Hindenburg alleged the Nasdaq-listed fintech is an “exceptionally obvious scam” (Financial Times)

Financial Times:
Nigeria-based Tingo, which offers mobiles and credit to farmers, fell ~80% after Hindenburg alleged the Nasdaq-listed fintech is an “exceptionally obvious scam”  —  Report alleges that Nasdaq listed company is an ‘exceptionally obvious scam’  —  Shares in Tingo Group more than halved …

Author: . [Source Link (*), Techmeme]

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