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Ebang International Holdings Inc. (EBON US)

Year: 2021

Ebang is a Chinse designer and manufacturer of Bitcoin mining machines which listed on the NASDAQ in 2020. In April 2021, it was targeted by short-seller Hindenburg Research which alleged the company was misrepresenting its activities and embezzling funds. Since the report's publication, Ebang's share price has lost over 90% of its value, similar to many other Bitcoin related companies. While this was a win for the short-seller, the embezzlement allegations were not proven.

Last updated August 2022.

The information on this page has been compiled from publicly available sources. GMT Research Limited has not verified the information and does not warrant its accuracy. Any claims made or views expressed are not necessarily those of GMT Research Limited.

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