Hindenburg Research accused SEBI chief Madhabi Buch and her husband Dhaval Buch of holding stakes in offshore funds allegedly linked to the Adani money siphoning scandal. Which one of the following statements is incorrect regarding Hindenburg Research?
1
It is a US-based investment research firm.
2
It was founded by researcher Nathan Anderson in 2017.
3
The company was named after the Hindenburg disaster in 1937, which was a man-made and avoidable explosion of a German airship.
4
The company specializes in conducting research exclusively on hedge funds and their performance.
5
Hindenburg Research is headquartered in New York City.