It remains uncertain how this recent development will impact API prices, as Reddit has not yet commented on whether it will comply with the ransom demands. BlackCat claims that Reddit ignored its previous attempts to contact the company in April and June and has little hope that a public ultimatum will yield different results. In its post, the ransomware gang declared, “We are very confident that Reddit will not pay any money for their data. We expect to leak the data.” The situation continues to unfold, and Reddit’s response will be closely watched by the online community.
