Capybara Research short Quantum Computing, says ‘rampant fraud’

Capybara Research says it is short Quantum Computing (QUBT), calling it a “rampant fraud” and saying “shareholders will be left with nothing when all is done.” In a recently published report, Capybara further states that, “Quantum Computing has faked sales, faked partnerships, and has put out a steady stream of deceptive PRs filled with misrepresentations and outright lies… We believe QUBT is a rampant fraud and shareholders will likely be left with nothing. From inception, the company has defrauded investors by fabricating revenue, misrepresenting their products, and issuing a steady stream of false press releases. To conceal their fraud, QUBT even included a clause in employee separation agreements prohibiting them from talking to the SEC.”