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Citron says short Fundrise Innovation Fund

Citron Research posted to X: “Citron is short $VCX . $VCX is trading at $400+. Its assets are worth $19. SIMPLE MATH. The sponsor was fined by the SEC for paying 200+ influencers to promote their products without disclosure – willfully, for five years. They registered the domain http://GetVCX.com. Not VCXinfo. Not learnaboutVCX. Get. The domain name itself is the pitch. Their own prospectus discloses “Other Expenses – Marketing: 0.42%” charged to investors – roughly $3 million a year on a publicly traded security. Who is getting that money?”

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