Twitter line: Elon Musk wonders why SEC didn’t probe data from microblogging site

Tesla founder Elon Musk has questioned the U.S. Securities and Exchange Commission for failing to probe microblogging site Twitter about his account data.

The move comes after Musk challenged Twitter chief executive Parag Agrawal in a public debate over the number of so-called bots on the platform, reports Bloomberg August 6.

While responding to a thread started by another user, Musk said the deal to buy the company (Twitter) “should continue on the original terms” if Twitter provided its method of sampling accounts and confirmed their authenticity.

READ ALSO : Elon Musk challenges Twitter CEO Parag Agrawal to participate in a public debate about bots. Read here

Currently, Twitter is suing Musk over the canceled $44 billion buyout. To which the Tesla founder argued that Twitter only checks 100 accounts a day when it tries to calculate the number of spambots on the service.

Musk also accused Twitter of misrepresenting the size of its user base to distort its value and cited the issue of fake accounts as the main reason for dropping its bid to buy the company.

To this, Twitter responded by saying that the idea that Musk – backed by a team of lawyers and financial advisers – was “tricked” into signing the purchase agreement was “as implausible and contrary to the facts as that. be able to show up”.

Meanwhile, last week Musk’s case for ditching the deal was revealed in counterclaims filed under seal in a Delaware court. He asks the judge to declare Twitter in breach of contract.

Originally, Musk agreed to pay $54.2 per Twitter share and since then the company’s shares have plunged along with other tech stocks.

With Bloomberg entries.

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