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So Viceroy have now openly said they tried to short AMD, after publishing a report say AMD should go bankrupt using this research. It’s only down 0.5% so they lost some money.
6 replies 3 retweets 22 likesShow this thread -
Replying to @GossiTheDog
There's nothing inherently wrong with researching a product and taking a short position. Their conclusion was batshit, even if it turned out the PSP was made of bubblegum AMD wouldn't be worth $0.00
1 reply 1 retweet 10 likes -
Replying to @taviso
Sure, but how did Viceroy find out? Why were massive short positions taken in the days leading up? Why did they pay contracted security researchers and then send them out to press? Was it ethical to share the PoCs around like easter eggs?
1 reply 0 retweets 6 likes -
Replying to @GossiTheDog @taviso
AFAIK Viceroy didn't pay any security researchers.
1 reply 0 retweets 0 likes -
I think they funded the research to choose how to invest, I think that's okay. What isn't okay is making bad faith, false or misleading statements like "This is probably as bad as it gets in the world of security".
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