Sunday, March 18th 2018
Viceroy Research and CTS-Labs Make Their Positions Known on "AMD Flaws"
In separate interviews with Vice Motherboard, Viceroy Research, the AMD stock short-seller that posted an obituary of AMD, and CTS-Labs, which claims AMD "Zen" architecture is infested with glaring security vulnerabilities; crystallized their financial positions on "AMD Flaws." CTS-Labs and Viceroy Research each went on record to state that they have no financial relationship with each other. "Viceroy [Research] is not a client of CTS[-Labs], and CTS[-Labs] did not send its research to Viceroy [Research]," said Yaron Luk, co-founder of CTS-Labs, but confirmed that his company's business-model involves sharing their cyber-security research with stock research firms (like Viceroy Research), which probably use the information to short tech stocks (a highly unethical though not yet illegal practice). "We are a for-profit company that gets paid for its research by a variety of research clients," Luk stated.
It's becoming increasingly clear that entities other than AMD had access to CTS-Labs' work, at least the report, if not the "research package," greater than 24 hours before public disclosure (i.e. before even AMD could see it), and one such entity, referred to as an "anonymous tipster" in the Motherboard report, "shared" the information with Viceroy Research, which quickly bought itself a shorting position against the AMD stock, and posted a 25-page doomsaying report to accelerate the fall of AMD stock (which isn't quite happening at the time of writing this post). Viceroy Research is brazen about its position on the matter. "We haven't hidden the fact that we short the stock," said Fraser Perring, founder of Viceroy. Cybersecurity guru Alex Stamos, who is associated with Facebook, without taking names, tweeted an ominous warning that short-selling fueled security research "is going to end in tears. Hopefully due to lost money, and not because naive researchers go to prison." Does this foretell new regulation by the SEC that renders Viceroy's position into a black-hole for their money? The SEC has taken a great interest in the behavior of tech corporations and investors around cyber-security research.
Source:
Vice
It's becoming increasingly clear that entities other than AMD had access to CTS-Labs' work, at least the report, if not the "research package," greater than 24 hours before public disclosure (i.e. before even AMD could see it), and one such entity, referred to as an "anonymous tipster" in the Motherboard report, "shared" the information with Viceroy Research, which quickly bought itself a shorting position against the AMD stock, and posted a 25-page doomsaying report to accelerate the fall of AMD stock (which isn't quite happening at the time of writing this post). Viceroy Research is brazen about its position on the matter. "We haven't hidden the fact that we short the stock," said Fraser Perring, founder of Viceroy. Cybersecurity guru Alex Stamos, who is associated with Facebook, without taking names, tweeted an ominous warning that short-selling fueled security research "is going to end in tears. Hopefully due to lost money, and not because naive researchers go to prison." Does this foretell new regulation by the SEC that renders Viceroy's position into a black-hole for their money? The SEC has taken a great interest in the behavior of tech corporations and investors around cyber-security research.
19 Comments on Viceroy Research and CTS-Labs Make Their Positions Known on "AMD Flaws"
It smelled like a scheme since the announcement
Pressing on myself from these libel scams
Intel is always upto no good
Source: Motherboard doesn't mention the information being sold but TPU does
This stock-weakening practices will only have effect if a non-fire-raising Company publicates it first.
Maybe those non-ethical methods are additionally illegal because of insider-trading/stock-manipulation, but for sure it is fire raising.
I don´t think intel whould go such high risk.
To be clear here, the vulnerabilities might be real but their website is not a disclosure for the good of anyone but themselves and their financial interests.
But one of the most sadest part here on TPU was/is admins reaction, they did a low quality work (to give these stock manipulators free Press multiple times), but flagged actually better comments than their content.... yes some comments was just insults without any point, explanation or logic - you can flag those, no value of those anyway, BUT some comments had logical and with explanation that just was not pleasing for admins to read and coments like these (not pleasing to admins current state) are getting flagged like no big deal from now on? and everyone is cool with that?
I wonder why don't they just shut up , at this point there is nothing they can do or say that will clear up the suspicions revolving around their true intentions.
Intel has been riding a cash cow for years, they will not like giving up that cash cow.