Musk blames ‘major cyberattack’ for X outage, points to Ukraine

Elon Musk’s social media platform, X, experienced widespread disruptions on Monday, which the billionaire attributed to a major cyberattack.

Musk claimed the platform was targeted by an unusually powerful denial-of-service (DoS) attack, suggesting that a well-coordinated group or nation-state might be responsible. However, he offered no concrete evidence to support the claim, leaving cybersecurity experts sceptical.

Many pointed out that DoS attacks, which flood websites with excessive traffic to overwhelm their servers, are commonly executed by small groups or individuals with relatively limited resources.

Reports of outages spiked early in the day, with Downdetector tracking over 39,000 complaints from users in the US at the peak of the disruption. By the afternoon, the number had dwindled significantly, though intermittent service issues persisted for some.

According to an anonymous industry source, the attack consisted of multiple waves of rogue traffic bombarding X’s servers, beginning around 9:45 UTC.

While Musk later asserted in an interview with Fox Business that the cyberattack originated from Ukraine, the same industry source disputed this claim, stating that the bulk of the malicious traffic came from various locations, including the USA, Vietnam, and Brazil, with only a minimal amount from Ukraine.

Tracing the true origin of DoS attacks is notoriously tricky, as attackers often use proxy servers and botnets to disguise their locations.

Cybersecurity specialists have noted that assigning blame based solely on IP addresses can be misleading, as they rarely indicate the actual perpetrators. Despite Musk’s insistence on a Ukraine-based origin, no definitive proof has been presented to substantiate the claim.

Musk’s comments come amid his increasingly vocal criticisms of Ukraine’s ongoing war efforts against Russia, aligning with sentiments echoed by US President Donald Trump, whom he advises.

Over the weekend, Musk suggested that Ukraine’s battlefield operations would collapse without his Starlink satellite communication system, although he clarified that he had no intention of cutting off access.

The latest controversy surrounding X’s cyberattack has further fueled speculation about Musk’s political and strategic positioning in the ongoing geopolitical conflict.

For more information on these topics, visit diplomacy.edu.

Investor claims that Musk ignored US disclosure rules in Twitter stock buy

According to a lawsuit filed by a Twitter investor, Elon Musk faces allegations of ignoring US securities disclosure rules while secretly accumulating shares in Twitter in 2022. The lawsuit claims Musk and his associate Jared Birchall were aware of the requirement to disclose any stake over 5% but chose to delay this disclosure to buy shares at lower prices. That delay, according to the Oklahoma firefighters’ pension fund, saved Musk over $200 million, harming other investors.

Musk and Birchall worked with a Morgan Stanley executive to craft a covert strategy to acquire Twitter shares without triggering the disclosure obligation. The executive repeatedly advised Birchall to seek legal counsel regarding the disclosure rule, but Birchall falsely assured him that lawyers had been consulted. By the time they disclosed Musk’s stake, it had surpassed 9%, significantly more than the 5% threshold.

The lawsuit underscores Musk’s pattern of flouting US federal securities laws, citing his history with the US Securities and Exchange Commission (SEC), including a 2018 incident where he prematurely tweeted about taking Tesla private. Musk’s legal team has defended him, stating that any failure to disclose was unintentional due to his busy schedule. Despite this defence, the lawsuit portrays Musk’s actions as part of a broader disregard for regulatory requirements.

US federal court orders Musk to testify again in Twitter takeover probe

A federal court has ruled that Elon Musk must testify again in the US Securities and Exchange Commission’s investigation into his $44 billion acquisition of Twitter. The SEC filed a lawsuit against Musk in October after he declined to attend an interview for the investigation, accusing the agency of harassment through multiple subpoenas.

The investigation revolves around whether Musk violated federal securities laws in 2022 when he purchased stock in Twitter, subsequently renamed X. It also examines statements and SEC filings made by Musk regarding the deal. US Magistrate Judge Laurel Beeler previously ruled in favour of compelling Musk’s deposition, a decision upheld by US District Judge Jacqueline Scott Corley.

Why does it matter?

This development is the latest episode in an ongoing feud between Musk and the SEC, dating back to 2018 when Musk tweeted about having ‘funding secured’ to take Tesla private. Musk provided documents to the SEC for its investigation in 2022 and testified via videoconference for two half-day sessions in July of that year. The SEC, however, expressed the need for further questioning after receiving new documents, leading to the court’s decision to compel Musk’s testimony once again.

Musk offers a college freshman $5K to delete a Twitter account

Elon Musk offered the young software developer Jack Sweeney US$5,000 to stop tracking his private flights, but Sweeney asked for a new Tesla car. Musk has still not replied. According to jokes shared on Twitter, Musk purchased Twitter for US$44 billion.

Sweeney’s Twitter app intelligently combines flight information from several sources to identify the itineraries of celebrity flights, including Musk’s.

For more information, visit the Protocol website.

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