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Twitter Legal Team Upset With Elon Musk Over NDA Violation

Elon Musk Market News
    • Twitter’s legal team has been in contact with Elon Musk and has informed him that he violated a non-disclosure agreement.
    • Musk violated their NDA by revealing the bot sample size is 100.
    • Musk stated that he is still fully committed to buying Twitter.

Elon Musk revealed in a Tweet on Saturday May 14 that Twitter’s legal team has been in contact and has informed him that he has violated a non-disclosure agreement (NDA). Apparently the violation had to do with how Twitter checks for bot accounts.

Musk Tweeted “Twitter legal just called to complain that I violated their NDA by revealing the bot sample size is 100! This actually happened.”

This happened while Musk was in the midst of finalizing his acquisition of Twitter for $44 billion and during deliberations about public findings including the number of bot users or accounts on the platform. One of the first promises Musk made after the announcement of his plans to acquire Twitter was to remove these accounts from the platform.

After an internal review, Twitter told Musk that bot accounts make up less than 5% of its users.

After this, Musk Tweeted :”Twitter deal temporarily on hold pending details supporting calculation that spam/fake accounts do indeed represent less than 5% of users.”

This figure is way less than many, including Musk, expected. This led to Musk following up with a Tweet about how Twitter reached this number and him trying to confirm this number himself.

Musk then Tweeted on May 14 that “my team will do a random sample of 100 followers of Twitter.” He also invited others to do the same.

Musk then apparently breached the Twitter NDA when he Tweeted that “I picked 100 as the sample size number because that is what Twitter uses to calculate <5% fake/spam/duplicate.”

After turning to Twitter again, Musk stated that he is still fully committed to buying Twitter.

Steven is passionate about all things cryptocurrency and blockchain ever since he first mined Bitcoin in 2014. He covers all updates, movements, and events relating to the top cryptocurrencies.