On January 24, 2023, shockwaves reverberated through the Indian stock market as the Hindenburg Research unveiled their report on the Adani Group. The report’s allegations of stock manipulation and fraudulent accounting against the Adani Group arrived just as the conglomerate prepared for a monumental INR 20,000 crore further public offer (‘FPO’) the following week. Swiftly responding to these allegations, Adani framed the accusations as an assault on the nation’s economic fabric, an assertion that disrupted the FPO, causing a seventy-percent collapse in Adani stocks and rattling retail investors. Adani’s counter also shed light on Hindenburg’s advantageous short selling tactics. This seismic event prompted a regulatory flurry, prompting three public interest litigations demanding a Supreme Court investigation, with both the Reserve Bank of India and the Securities and Exchange Board of India launching independent inquiries into the allegations against the Adani conglomerate. In this paper, the authors undertake a comprehensive analysis of the Adani-Hindenburg saga and the broader implications it carries. The authors navigate the intricate legal, regulatory, and ethical landscape to critically evaluate the existing mechanisms designed to safeguard investor interests from the finfluencers and research analyst organisations such as Hindenburg. By examining the strengths, gaps, and opportunities for improvement within these mechanisms, this paper seeks to provide a nuanced understanding of how the financial ecosystem can better shield investors against unforeseen market turmoil and manipulative practices.