Elon Musk Twitter Deal: Elon Musk's troubles may increase, Twitter said - Federal agencies are investigating him
Tensions are rising between Elon Musk and the social media giant over a $44 billion deal to buy Twitter. Now Twitter has said in an affidavit filed in court on Thursday that federal investigative agencies are investigating Elon Musk regarding the Twitter deal.
Twitter said Musk's lawyers were asked to contact investigative agencies months ago, but have yet to do so. Simultaneously, Twitter urged a Delaware court judge to order Musk's lawyers to provide the documents.
Twitter said Musk's lawyers were asked to contact investigative agencies months ago, but have yet to do so. Simultaneously, Twitter urged a Delaware court judge to order Musk's lawyers to provide the documents.
Musk's lawyers file 'privilege log'
In late September, a 'privilege log' was submitted by Musk's lawyers, which mentioned documents that could not be scrutinized. The log contained a mail sent to the US Securities and Exchange Commission on May 13 and a presentation sent to the Federal Trade Commission. On this, it has been said in the affidavit filed in the court by Twitter that now the game of 'hide the ball' should end.
Dispute between Musk and Twitter
This deal came into controversy only after Musk was announced to buy Twitter on behalf of Fake Accounts. Musk said that Twitter was not providing him with accurate information about fake accounts. Due to this he had decided to exit the Twitter deal. Musk also drew on allegations from former Twitter security chief and whistleblower Peter Jatko to support his decision. Peter Jatko The same person who claimed that Twitter was giving false information about fake accounts.