Elon Musk accuses Twitter of “fraud” in takeover battle | Economy

Tesla CEO Elon Musk has once again accused Twitter of “fraud” in the deal surrounding the failed takeover deal. In court documents filed Thursday evening in the US state of Delaware, the billionaire claims that the social media platform provided deceptive information about the number of fake accounts. That reports the French news agency AFP, which could view the 165 pages.

Elon Musk’s lawyers accuse Twitter of “covering up the truth” about the social network’s 238 million daily users. They say that’s about 65 million fewer and “the majority of ads are being distributed to fewer than 16 million users, a fraction” of what Twitter claims.

The soap opera surrounding the failed deal has been going on for several months. Musk had announced in April that he wanted to buy Twitter for $44 billion, but eventually canceled that plan because the social media company allegedly lied about the number of spam and fake accounts. Twitter filed a complaint with a Delaware court in mid-July.

The company wants to force the billionaire into the acquisition through the courts for the agreed $ 54.20 per share. That process will start on October 17. Two weeks later, the richest man in the world in turn filed a complaint against Twitter.

WATCH ALSO. Musk no longer wants to buy Twitter, company goes to court

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