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Muddy Waters Research
4 of 4 reportsMuddy Waters Says SoFi Booked a $312M JPMorgan Loan as a Sale — and a ~$1B EBITDA Restatement May Follow
A Utah UCC filing names JPMorgan as "senior lender" and SoFi Bank as "Debtor" on the same transaction SoFi's CFO publicly called a loan sale — Muddy Waters argues the gap between those two descriptions points to impro...
APP’s Persistent Lies, Denying Use of Persistent IDs (APP US)
AppLovin's privacy tracking scandal exposed: Persistent identifiers violate user privacy, enabling cross-domain ad tracking through Max SDK, risking regulatory action and platform deplatforming
MW is Short AppLovin (APP US)
AppLovin accused of unauthorized data tracking, creating Persistent Identity Graphs across platforms like Meta and Google, with only 25-35% of e-commerce sales truly incremental, raising significant privacy and perfor...
FTAI Aviation: Financial Engineering and Accounting Manipulation in the MRO Business
Muddy Waters exposes FTAI Aviation's financial engineering, revealing accounting manipulation in aerospace sector with alleged revenue misclassification, inflated margins, and questionable module sales practices targe...