I'm partial to the
rrat that she leaked Holo's corpo rate from a supplier for merch or other goods or services. There would be no malice involved, but the supplier would have had a legitimate grievance and Cover would have had to repair its reputation as a trustworthy business partner. That also roughly fits with Mio saying that Holo being big league now, compared to how it was in her day, is both a good and bad thing.
To bring this back to the Niji leaks so far:
All three leaks, no matter how spicy or mild the substance, show that there have been multiple NDA breaches by at least one person, and all signs point to Luca. Will Niji take action, or will they try to gloss over the leaks to limit NijiEN's already bad PR? Is there now a termination queue merging with the speculated graduation queue?
Number 1 is also the most ridiculous from a purely business standpoint. Is it false advertising to sell hand-signed merch from Luca that was not actually signed by the man Niji contracted as Luca?
Not to defend Raziel, but I wouldn't be surprised if one Niji source (Luca for convenience) leaked things to multiple people, who just found out about Raziel like scorned exes finding out about each other. Raziel claimed she hadn't seen the Aster/Scarle screenshot before, and the AR Live screenshot doesn't fit Raziel's MO (silently posted on /vt/ instead of in a Twitter novel, too tame to hurt anybody except the blue chatter breaking NDA).
Or maybe Raziel wants people to believe there are multiple leakers because she cray-cray. That's also possible.