Elon Musk is being investigated by the US federal authorities in connection with his USD 44 billion Twitter buyout deal, said media reports citing a court filing by the microblogging site
However, the Thursday Twitter court filing didn't go into details of the ongoing probe as to what actions taken by the business magnate are being investigated by the officials
In the court filing, Twitter said that they are looking into Musk’s “conduct” linked to the deal. The main scrutiny seems to be on Musk’s legal team
Twitter accused Musk’s legal team of failing to produce draft communications with the Securities and Exchange Commission and a slide presentation to the Federal Trade Commission
This is part of the two sides’ ongoing litigation over whether Musk can walk away from the deal, reported CNN
Reacting to the Twitter filing, Musk’s attorney Alex Spiro said that the filing only aims to digress from its own legal issues which came to the surface by whistleblower disclosure
The former Twitter security chief Peiter Zatko last month made allegations on Twitter of wrongdoings including “Twitter’s tracking and measurement of user engagement”
Twitter’s executives are under federal investigation,” Spiro said in a statement to CNN
In July, in a surprising turn of events, Elon Musk who had long been showing his interest to buy Twitter terminated the deal