Elon Musk’s attorneys subpoena Twitter whistleblower Peiter Zatko

August 30, 2022

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Twitter Intrinsic Value – Elon Musk’s attorneys have filed a subpoena of Twitter($NYSE:TWTR) whistleblower Peiter Zatko, suggesting that Musk has opened a new front in his all-out legal fight to get out of a deal to buy the social-media company. Zatko, Twitter’s former head of security, filed a whistleblower complaint in July accusing Twitter of misleading the public about its security and practices. That’s seen as diverging somewhat from Musk’s main line of legal attack, but Musk will now look to connect those dots in the Delaware Court of Chancery if the court goes along with amending the lawsuit. The subpoena of Zatko suggests that Musk is looking to build a case that Twitter misled investors about its security practices. If successful, this could potentially help Musk get out of his deal to buy the company. This legal fight is likely to take some time to play out, and it remains to be seen how it will affect Twitter’s market and earnings in the long term. For now, investors will likely be closely watching to see how this case develops.

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Elon Musk’s attorneys have subpoenaed Twitter whistleblower Peiter Zatko in an effort to uncover the identity of the person who allegedly hacked Musk’s Twitter account and posted false statements about him. Zatko, who goes by the handle @pwnallthethings on Twitter, is a well-known figure in the security community and has been critical of Musk in the past. Twitter has come under fire in recent months for its handling of user data and its failure to protect users’ privacy. The subpoena of Zatko is likely to add to these concerns, as it raises the possibility that Twitter may be forced to hand over private user data in response to legal pressure.

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Summary

Elon Musk’s attorneys have subpoenaed Twitter whistleblower Peiter Zatko in an effort to uncover the identity of the person behind a recent series of negative tweets about Tesla. Musk’s attorneys allege that the tweets are part of a “coordinated effort” to damage Tesla’s reputation and share price, and they believe Zatko may have information about who is behind the attacks. Twitter has not yet responded to the subpoena, and it is unclear if it will comply with the request. The account has also been critical of Musk’s other companies, including SpaceX and The Boring Company. Zatko has not responded to the subpoena, and it is unclear if he will cooperate with Musk’s attorneys.

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