Hindenburg Research, the prominent US-based short-selling firm known for targeting high-profile companies such as the Adani Group, is set to be disbanded, according to its founder, Nate Anderson. In a statement published on the firm’s website,

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.

One of Wall Street's most famous short sellers is calling it quits. Hindenburg Research attributed the decision to a career that "has come at the cost of missing a lot of the rest of the world and the people I care about,