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Hackers demand $4.5 million and API price reversal from Reddit | Engadget (www.engadget.com)

submitted 1 year ago by [email protected] to c/[email protected]

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Ransomware gang BlackCat is likely behind a February attack on the company..

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[–] [email protected] 8 points 1 year ago* (last edited 1 year ago) (1 children)

/u/spez isn't trying to win a popularity contest, he is trying to maximize his $$$ from the upcoming IPO. Even if it succeeded in smearing protestors, a self-hack isn't going to help him there at all. In fact quite the opposite, since it saddles Reddit investors with more potential liabilities.

[–] [email protected] 8 points 1 year ago

I don't necessarily disagree with your logic, but if I was a CEO trying to take a company public I wouldn't loudly and publicly talk about how unprofitable the company was either (on the AMA).

Every day is a surprise.