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New Developments On The Twitter Whistleblowing Case: Musk Might Benefit From It
A whistleblowing complaint against Twitter might have good things in store for Tesla CEO, Elon Musk. The complaint alleges that Twitter has intentionally misled regulators appointed by the federal government about the practical scenario of security risks.
The whistleblower’s claim could lead to easing Musk’s way out of the $44 Billion deal to acquire the microblogging platform. The Tesla CEO, Mr. Musk has earlier stated in his arguments that Twitter had provided an inaccurate picture about the number of false and spam accounts present on it.
Peiter Zatko has been identified as the whistleblower. Mr. Zatko had earlier served as the security chief of Twitter and was thus privy to the actual scenario, and many claims. These complaints provide further legal grounds for Musk’s arguments against acquiring the microblogging and social networking site.
It has not yet been disclosed by Musk’s legal representatives as to how they will approach the new-found information. Mr. Zatko has however been subpoenaed by Elon’s lawyers.
So What Has Been The Story So Far?
Elon Musk, the Tesla CEO, had earlier made a $44 Billion deal to buy Twitter. He later backed out stating that Twitter had falsely led him to believe incorrect information about the number of fake and spam accounts.
Mr. Musk has approached a Court of Delaware to adjudicate on the issue which is scheduled for the 17th of October.
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