Elon Musk Accuses Twitter of Fraud in Countersuit

Elon Musk's countersuit document against Twitter has been released, in which Elon Musk accuses Twitter of fraud in the $44 billion buyout deal. The document claims that Twitter misled Musk's team about the true value of the platform. His attorneys argue that while Twitter touts having 238 million monetizable daily active users, the proportion that actually see ads is 65 million lower. Further, they argue that the majority of ads are shown only to fewer than 16 million users.
Source

Elon Musk

Related News
Trump hotel Trump hotel
Trump taps Elon Musk and Vivek Ramaswamy to slash gov’t with ‘DOGE’ Trump taps Elon Musk and Vivek Ramaswamy to slash gov’t with ‘DOGE’
Brazil to review Elon Musk’s X ban after $5M fine payment Brazil to review Elon Musk’s X ban after $5M fine payment
Latest News More More
7 Hours Ago 0xbow unveils ‘Privacy Pools,’ a new blockchain privacy tool drawing from Vitalik Buterin’s research
5 Days Ago Ethereum edges closer to deploying Pectra on mainnet with successful upgrade on Hoodi testnet
5 Days Ago MEXC Extends DEX+ Platform to Binance Smart Chain Users
March 25 Binance suspends employee for allegedly profiting off of insider information
March 25 BlackRock launches bitcoin ETP in Europe following US success
delate
Use TokenInsight App All Crypto Insights Are In Your Hands
Open