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August 30, 2022 11:26 am

Elon Musk says whistleblowers testimony gives him more reasons to dump Twitter deal





Illustration by Kristen Radtke / The Verge; Getty Images



Elon Musk says the disclosures of Twitter’s former security chief have given him new justifications to walk away from his $44 billion deal to buy the social media platform.


Musk’s lawyers filed a new “Termination Letter” with the SEC on August 29th, which cites the testimony of Twitter whistleblower Peiter “Mudge” Zatko as evidence that Twitter misled Musk in the parties’ merger agreement. Specifically, Musk claims that Twitter’s declaration in the merger agreement that it had not misled the SEC is false, citing Zatko’s allegations. In Zatko’s own complaints, which were published last week, he claimed that Twitter repeatedly and knowingly misled regulators about the security of its platform.


“[Zatko’s] allegations, if true, demonstrate...



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Original Link: https://www.theverge.com/2022/8/30/23328499/elon-musk-twitter-deal-termination-letter-whistleblower-testimony-mudge-zatko

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