Freedom Holding external review finds Hindenburg allegations unsupported, no evidence of misconduct

Freedom Holding Corp.

External review by Morgan Lewis and Forensic Risk Alliance over 4 months found no evidence supporting Hindenburg short-seller allegations.
No evidence of sanctions evasion, market manipulation, fake revenue, or client stock purchase requirements for IPO allocations.
Review found growth was organic from customer increases and acquisitions, not illegal practices.
Board accepted findings; management already implementing recommended compliance enhancements.

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