Musk countersues Twitter for fraud

Twitter filed a lawsuit in Delaware after Elon Musk announced it was terminating its deal to buy Twitter, accusing Musk of disrupting its operations and destroying shareholder value. Now Musk has accused Twitter of fraud in a countersuit made public on Thursday, saying Twitter falsely described the state of its business and key metrics about its platform users. The counterclaim was filed last week, and Twitter immediately released its response . Twitter said: “Musk fabricated statements that Twitter never made, and then attempted to selectively use large amounts of confidential data provided to him by Twitter to fabricate circumstances that violated the aforementioned alleged statements.” Twitter said the company was submitting to The disclosures of profitable daily users in regulatory filings are accurate.

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