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Tesla CEO Elon Musk filed another notice Monday of his intent to cancel his purchase of social media platform Twitter, citing a whistleblower's recent claims.
Musk's latest attempt to backpedal out of the deal cites revelations found in the "Zatko complaint" — a memo released by a former security chief for Twitter that alleged the platform has misused user data and lacks control of the site's core systems.
Musk's camp filed the notice despite claiming it was legally unnecessary due to a previous motion to cancel the purchase. The Aug. 29 filing is intended to ensure the deal is terminated even in the event Musk's previous complaints fail to hold in court.
"Because these facts were known to Twitter and withheld from the Musk Parties, and because Twitter has since taken the position that the Merger Agreement remains in effect, the Musk Parties hereby provide this additional notice of termination of the Merger Agreement," Musk lawyers claimed.
Elon Musk files another notice to cancel Twitter takeover, citing whistleblower's data privacy concerns
Tesla CEO Elon Musk filed another notice on Monday announcing his intent to cancel the purchase of Twitter, citing a recent whistleblower complaint.