Muddy Waters: Baidu’s recent purchase Joyy is a FRAUD

by Adagio-Spirited

Baidu BIDU is doomed becos their recent acquisition Joyy YY is the new Nikola NKLA

MW is Short Joyy Inc. (YY US)

While trawling the sewers of the world’s capital markets over the past 10 years, irony has never been in short supply. And yet, nothing could prepare us for the surreality of Baidu announcing its intention to buy YY Live from JOYY, which happened just as we were preparing to reveal that our year-longinvestigation shows YY Live is about 90% fraudulent.

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Video: The Exposing of JOYY Inc

Carson Block, Founder of Muddy Waters Research, exposes JOYY as a fraud tech company. The Chinese live streaming service is guilty of bot forming, creating fake transactions, and having fake users.

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Full report here:

Interview with Carson Block:


Disclaimer: This information is only for educational purposes. Do not make any investment decisions based on the information in this article. Do you own due diligence or consult your financial professional before making any investment decision.