Elon Musk Accuses Twitter of Fraud for Hiding Serious Security Flaws: Report

Elon Musk has reportedly accused Twitter of concealing severe flaws within the social media firm’s information safety. The billionaire who’s sticking to his resolution to terminate the $44 billion (roughly Rs. 3,49,400 crore) takeover deal, additionally alleged that Twitter hid from him that it was not complying with a 2011 settlement with the Federal Trade Commission (FTC) relating to consumer information. Following the claims made by a Twitter whistleblower, Musk amended his beforehand filed lawsuit. The whistleblower additionally alleged that the influential social media platform had allowed entry to brokers from overseas governments.

As per a report by Reuters, a courtroom submitting has revealed that Elon Musk has accused Twitter of fraud by concealing faults within the firm’s information safety, which the entrepreneur stated ought to enable him to finish his $44 billion deal for the corporate. The Tesla CEO has additionally reportedly amended the lawsuit filed earlier by adopting allegations by the Twitter whistleblower throughout his testimony earlier than the US Senate Committee.

The whistleblower and former Twitter safety chief Peiter “Mudge” Zatko, beforehand claimed that Twitter knowingly allowed the Indian and Chinese governments to position its brokers on the corporate’s payroll.

According to the report, Musk alleged that Twitter was not complying with a 2011 settlement with the FTC relating to consumer information. The billionaire reportedly stated that for quite a few independently adequate causes he has full proper to stroll away from his provide to purchase the micro-blogging platform for the sooner agreed $44 billion (roughly Rs. 3,49,400 crore).

In response to Musk’s allegations, Twitter reportedly stated it performed an inner investigation of Zatko’s allegations and decided they lacked benefit. The firm has stated Zatko was fired for poor efficiency.

Both sides are headed towards a authorized battle in a Delaware courtroom on October 17 and Musk has been allowed to make use of the whistleblower’s allegations throughout the upcoming trial, in accordance with studies.