US-based Hindenburg Research, known for its controversial short-selling practices, is shutting down operations. The closure has raised questions about the firm’s practices, its impact on markets, and the possible reasons behind this sudden move.

Hindenburg Research published reports against Indian conglomerate The short-seller accused Adani Group of using offshore tax havens improperly, which the company denied.

Hindenburg Research, known for short-selling activities, has been shut down by founder Nate Anderson. The decision comes after completing investigations, including those against Gautam Adani. Anderson plans to spend more time with family and invest his money in low-stress investments.

Anderson shared this decision through an official statement, he revealed that the decision to disband was not due to any external threats, personal health, or major issues.

Anderson said for now, he will be focused on making sure everyone on his team lands where they want to be next.

Hindenburg Research, the influential short-selling firm that rattled global markets with high-profile exposés of companies like Adani Group and Nikola Corp., announced its closure Wednesday after a seven-year run that reshaped modern activist investing.

Hindenburg Research's Nathan Anderson—the man known for targeting billionaires Gautam Adani, Jack Dorsey, and Carl Icahn—announced he's disbanding his small but renowned firm. Anderson cited the "rather intense,

Hindenburg Research, a US investment research firm known for short-selling, and whose reports resulted in wiping out billions of dollars of Indian billionaire Gautam Adani and his companies, has been shut down,