Musk is buying the company that has over 200 million users. Media Matters for America warns that this could allow extremists to get their accounts back. Donald Trump Jr said that he wasbusted for having a large amount of fake accounts. After Musk terminated the deal, Trump Jr said that 50 percent of users were likely to be spammers. On Friday, Musk pulled out of the takeover and accused the social networking site of being false. Donald Trump Jr said that the social network was "busted" for having a lot of fake accounts. Trump Jr said after the news broke that there was a lot of fake accounts on the site. The son of the former president said that half of the people who use the social network are likely to have fake accounts.
—Donald Trump Jr. (@DonaldJTrumpJr) July 8, 2022
Lawyers for Musk filed paperwork with the SEC to end the deal to acquire the micro-blogging site. The lawyers for the CEO of the company accused the company of being in violation of multiple provisions of the agreement and of making false and misleading statements.
Lawyers for Musk said in the filing that they had failed or refused to provide the information.
Sometimes it has ignored Mr Musk's requests, sometimes it has rejected them for reasons that seem to be unwarranted, and sometimes it has claimed to comply while giving Mr Musk incomplete or unusable information," they said.
In May, Musk said the deal was on hold and last month he accused the social media platform of resisting his efforts to gain clarity.
Twitter said it was "committed" to closing the deal on the terms it agreed with Musk in a press release shortly after the filing and announced plans to take legal action to "enforce the merger agreement".The board is confident that it will win in the Delaware Court of Chancery, according to the board's chairman.
Insider asked if they would respond to his request for comment.
Business Insider has an article on it.
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