AppLovin (APP) Stock: Shares Sink on Money Laundering Allegations from CapitalWatch

TLDR AppLovin stock dropped about 5% in premarket trading after CapitalWatch published a report alleging money laundering operations CapitalWatch claims primary shareholder Hao Tang and networks bypassed AML controls to move funds from China and Southeast Asia into U.S. markets The report calls AppLovin “the ultimate monument to 21st-century new-type transnational financial crime” This follows [...]

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