A major legal battle, involving the crypto community's preferred social media platform Twitter, and Dogecoin (DOGE) advocate, Tesla's Elon Musk, is in the works.
After the serial entrepreneur said he's terminating his agreement to buy Twitter in a USD 44bn deal, the company vowed to fight back.
"The Twitter Board is committed to closing the transaction on the price and terms agreed upon with Mr. Musk and plans to pursue legal action to enforce the merger agreement. We are confident we will prevail in the Delaware Court of Chancery," Bret Taylor, Chairman of Twitter, said, without elaborating any further.
Musk accused the social media giant of breaching their agreement and making false statements
In a filing, Musk said he has sought the data and information necessary to "make an independent assessment of the prevalence of fake or spam accounts on Twitter’s platform."
However, per the star entrepreneur, "Twitter has failed or refused to provide this information."
"Sometimes Twitter...
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