Nate Anderson, the short seller who made his name with campaigns targeting billionaires Gautam Adani, Jack Dorsey and Carl Icahn, said he’s disbanding his small but renowned firm, Hindenburg Research.

Hindenburg Research which set off a firestorm in India with withering allegations against the Adani Group is being disbanded, marking the end of the American short-seller feared for successfully targeting dozens of corporations.

Nate Anderson, the man behind Hindenburg Research, announced that he was shutting down the controversial investment research firm. Started in 2017, the company earned notoriety in 2023 when it accused