
Billionaire Elon Musk claimed Twitter Inc committed fraud by hiding severe weaknesses in the social media firm’s data security according to a court filing on Thursday, which the businessman said should have allowed him to terminate his $44 billion contract for the company.
Musk, the wealthiest man in the world, updated his earlier complaint by incorporating claims made by a Twitter whistleblower, who on Tuesday informed Congress of foreign operatives’ interference on the significant social media network. Tesla Inc.’s CEO said that Twitter concealed from him the fact that it was not abiding by a 2011 deal with the Federal Trade Commission on user data.
Peiter “Mudge” Zatko, a former head of Twitter security, made the allegations, and according to Musk, they amount to fraud and a breach of Twitter’s contract. According to Twitter, it looked into Zatko’s claims internally and found them to be unfounded. According to the business, Zatko was let go for subpar work.
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