Elon Musk Claims Twitter Fraud in Countersuit
Elon Musk has terminated his merger with social media platform Twitter after hearing some troubling news about how the company runs. His decision Thursday to terminate was a surprise to everyone after he agreed to buy the company in April for $44 billion.
Musk says the company has been misinterpreting accounts and was miscounting the number of false and spam accounts and not doing anything about them. Musk has come back with a countersuit claiming fraud against Twitter. Twitter board chairman Bret Taylor shared his rebuttal against Musk’s allegations and says he is excited to take the case to trial in Delaware.
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