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.

Nate Anderson, the founder of Hindenburg Research, on Thursday announced plans to shut down the US-based investment research firm, which gained attention for its short-selling activities and reports that led to the loss of billions of dollars for Indian billionaire Gautam Adani-led Adani Group.

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

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.

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,