Elon Musk Alleges Twitter Fraud in Countersuit Filed in Delaware

Elon Musk accused Twitter of fraud, saying the corporate misrepresented the situation of its enterprise and key metrics concerning the customers on its platform earlier than he agreed in April to amass the corporate for $44 billion.

Mr. Musk stated in a countersuit made public Thursday that he determined to terminate the merger settlement after studying of what he described as troubling info, together with a restatement of Twitter’s monetizable every day common customers days after the pact was signed and that Twitter was allegedly miscounting the variety of false and spam accounts.