Claims could boost Elon Musk's move to pull out of $44bn deal to buy the company
Twitter misled federal regulators about its defences against hackers and spam accounts, the social media company’s former security chief Peiter Zatko said in a whistle-blower complaint.
Tesla CEO Musk had offered to buy Twitter for $54.20 per share, saying he believed it could be a global platform for free speech. Twitter’s shares fell 5% to $40.79 in afternoon trading. “We are reviewing the redacted claims that have been published but what we have seen so far is a false narrative that is riddled with inconsistencies and inaccuracies,” Twitter CEO Parag Agrawal told employees in a memo.
The FTC declined to comment. A spokesperson for the Senate intelligence committee said it had received the complaint and was in the process of setting up a meeting to discuss the allegation. Musk could not be reached for comment but reacted on Twitter with memes and emoji of a robot. Musk’s legal team has subpoenaed Zatko, CNN reported after the whistle-blower disclosure was made public.
Robert Lee, the founder of industrial cybersecurity company Dragos, said it was “one of the very rare times based on who it is I don’t even need to know a detail to form an opinion,” he said on Twitter. “If Mudge is making this type of claim, it deserves the investigation.”
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