Elon Musk quotes ex-security chief in new letter justifying abandonment of takeover

The letter, addressed to the legal manager of Twitter, was made public on Tuesday by the American stock market policeman.

Elon Musk cited in a new letter to Twitter the accusations made by the company’s former security chief, Peiter Zatko, as justification for abandoning his takeover plan, initially announced in early July.

Allegations of certain facts, known to Twitter before or on July 8, 2022, but not disclosed to parties representing Musk before or on that date, have since surfaced and provide additional and distinct reasons for terminating the takeover deal.wrote Mike Ringler, one of Elon Musk’s attorneys, in a letter to Twitter’s chief legal officer dated Monday and made public Tuesday by the US stock market watchdog, the SEC.

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