In 2022, the year Afterpay was acquired, it lost $US357 million, accelerating from 2021 losses of $US184 million." And it has plans to introduce Cash App to Australia, which is Afterpay's largest market. We are a highly regulated public company with regular disclosures, and are confident in our products, reporting, compliance programs and controls." Hindenburg has gained prominence after its Adani report in January, which wiped $US100 billion from the value of various Adani-related companies. Adani owns and operates the controversial Carmichael coal mine in Queensland.