Whistleblower Reveals Key Details After Musk Cancels Deal

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Twitter landed into another big controversy as a whistleblower disclosed that the social media giant misled regulators over spam accounts. Earlier, Elon Musk accused Twitter of hiding crucial details in the $44 billion deal.

Twitter hiding vital stats?

According to Reuters, Twitter’s Ex security chief Peiter Zatko informed that they allegedly faked their hackers and spam accounts data. He said that the Twitter executives don’t have the resources to recognize the exact number of bots spread over the platforms. He highlights that they are not prompt to get that data.

Zatko filed his complaint last month with the Securities and Exchange Commission (SEC) and the Department of Justice and the Federal Trade Commission.

The report mentioned that Twitter’s Ex Security Chief didn’t respond to comment on the matter. Meanwhile, the social media giant is already in a legal battle with Tesla chief Elon Musk.

The richest person on the planet denied continuing the accusation deal of Twitter. Musk alleged that the social media giant is hiding some key details which violated the contract. He mentioned that Twitter didn’t give a report on how they calculate the percentage of bots on the platform. However, the trial is scheduled for October 17, 2022.

Bots allegation comes at crucial time

Earlier, Coingape reported that Twitter registered a decline in its revenue amid the legal battle with Musk. The Social media company even blamed Tesla Chief for their loss.

Its revenue in 2022 dropped from $1.19 billion to $1.18 billion. The company also fell short to please its average analyst estimate of around $1.32 billion. While it posted a loss of $270 million.

In January, Zatko, popularly known as its hacker name “Mudge” announced that he no longer holds the head of security position. However, the company mentioned that he was fired for his poor performance.

Meanwhile, Zatko’s latest allegation grabbed the attention as Musk flagged the concern over Twitter’s security.

Ashish believes in Decentralisation and has a keen interest in evolving Blockchain technology, Cryptocurrency ecosystem, and NFTs. He aims to create awareness around the growing Crypto industry through his writings and analysis. When he is not writing, he is playing video games, watching some thriller movie, or is out for some outdoor sports. Reach me at [email protected]

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