Nate Anderson, founder of now defunct US-based short-seller Hindenburg Research, responded to claims that Hindenburg Research colluded with Rahul Gandhi to target Gautam Adani. "[It looks] lousy spy fiction & looks...fabricated out of thin air," he said. "None of the claimed events happened," he added. A Sputnik report claimed Mossad found Rahul Gandhi coordinated with Hindenburg to target Adani.