X Platform Cyberattack: How Musk’s DOGE Ministry is Impacted by the Crisis

X Platform Cyberattack: Is a Nation or Coordinated Group Behind It?

X Platform Cyberattack– The X social media platform was hit by a massive cyberattack, leading to access difficulties for some users, as confirmed by Elon Musk on March 10. Musk stated, “We get attacked every day, but this time it was a much larger attack, done with significant resources. Either a large, coordinated group or a country is involved.”

While user access issues were resolved relatively quickly, Musk hinted that the attack could still be ongoing. According to Downdetector, over 33,000 reports of X outages were registered on March 10.

Siber Attacks and Musk’s Ongoing Struggles

Musk addressed the cyberattack alongside other attacks targeting his interests. In recent days, Tesla stores have been subjected to vandalism, and DOGE (Department of Government Efficiency) has faced protests. Particularly, after Musk’s involvement in the Trump administration, more than 10 acts of vandalism were reported against Tesla stores. These acts seem to be linked to Musk’s relationship with the Trump government.

DOGE Ministry and Its Impact on Investors

Musk announced significant reforms under the DOGE Ministry, claiming it has saved $105 billion in taxpayer dollars by cutting wasteful government spending. One of the ministry’s key targets has been the U.S. Securities and Exchange Commission (SEC). Musk has referred to the SEC as a “completely broken organization,” calling on the public to submit examples of waste, fraud, and abuse within the agency.

Trump’s Impact on SEC Policies

Under the second term of President Trump, it is expected that SEC regulations from the Biden administration will be rolled back. According to a forum led by Harvard Law School, there is a possibility that the Trump administration will reverse SEC rules that were implemented under the Biden era. These changes could have a significant impact on the crypto market and its investors.

Rising External Threats on X, Tesla, and DOGE

These developments show a significant rise in external threats targeting the X platform, Tesla, and the DOGE Ministry. Whether these ongoing cyberattacks and external pressures will lead to broader impacts on the tech and investment sectors remains to be seen.

Disclaimer: This article is for informational purposes only and does not constitute investment advice. Cryptocurrencies and stocks, particularly in micro-cap companies, are subject to significant volatility and risk. Please conduct thorough research before making any investment decisions.