Twitter is said to have stated that it did not violate any terms of its $44 billion (about 3,49,900 crore) takeover agreement with Tesla CEO Elon Musk on Monday. The microblogging service was accused by Musk of violating the terms of the agreement when he made another attempt to get out of the agreement. While he previously claimed he was misled about the number of fake or spam users on Twitter, on Friday Musk cited Twitter’s $7.75 million payment to Peiter Zatko as a reason to waive the agreement.
According to one report by Reuters, Twitter responded to a letter sent by Elon Musk’s lawyers to Twitter, stating that the company did not violate any conditions of the microblogging platform acquisition agreement signed earlier this year.
Musk’s lawyers sent a letter to Twitter on Friday, clarify that the company did not seek his consent before paying $7.75 million (approximately Rs. 60 crore) to Zatko, according to the report. The Tesla Attorneys for the CEO have also claimed that Twitter was restricted from making these payments and that failure to seek his consent was a violation of the merger agreement.
The whistleblower, who was previously Twitter’s head of security, was fired in January. Last month, it was reported that Zatko filed a complaint that Twitter misled regulators by saying that it had a solid security plan, involving hackers and its handling of spam or spam accounts. fake.
On Friday, it was reported that Musk’s practitioners had declare that the company paid the former security chief and whistleblower a sum of $7 million (approximately Rs 55) to keep quiet about operational issues within the company.
According to reports, Musk’s attorney, Alex Spiro, made the request during a hearing last week ahead of the upcoming October court battle between Elon Musk and Twitter. The report claims that the whistleblower is Zatko, who is said to have been paid by the company for lost compensation after leaving the company.
