The criminal group behind the February Reddit hack is now demanding $4.5 million and the dropping of API changes, or the stolen data will be published.
Yeah, since the attack already happened in February, they just used this opportunity to make them look good (“they are doing something for the community”). However, I don’t know, but it might affect stock when Reddit goes public.
If they wanted to damage the IPO, they’d have done this just before the IPO was due to go live, or just after. Reddit has plenty of time to restore investor confidence before that happens.
Yeah, since the attack already happened in February, they just used this opportunity to make them look good (“they are doing something for the community”). However, I don’t know, but it might affect stock when Reddit goes public.
I doubt it.
If they wanted to damage the IPO, they’d have done this just before the IPO was due to go live, or just after. Reddit has plenty of time to restore investor confidence before that happens.