NEWS
Initially, Musk had shown concern over the number of spam-bot accounts on the platform.
On August 29th, Musk's lawyers submitted a fresh "Termination Letter" to the SEC.
In the filing, lawyers said that the company had violated the terms of the merger contract.
Twitter’s whistleblower Peiter “Mudge” Zatko, who was hired as the company's security lead to address serious flaws in one of the most widely used social media platforms in the world.
He was fired after 14 months. Six months later, he wrote a thorough whistleblower report claiming that Twitter was plagued by "egregious" privacy and security issues and was run by a rudderless and dishonest leadership.
Zatko's lawsuit has been referred to by Twitter as "a misleading narrative about Twitter and our privacy and data security standards" in the past.
Musk is obviously eager to terminate the deal, but he will need to prove to the judge that Twitter broke one of the merger agreement terms.