The allegations presented by Peiter Zatko, better known as Mudge, will be admissible by Elon Musk in the prosecution against Twitter for abandoning the $44 billion (approximately Rs. 3.5 lakh crore) buyout agreement. However, it has apparently been confirmed by Chancellor Kathaleen McCormick of Delaware's Court of Chancery that the trial will start in October and won't be postponed. According to reports, Musk's legal team had requested to postpone the five-day trial so it could look into Zatko's allegations.
In his legal defence, Musk will be able to cite Zatko's allegations, which reportedly imply that Twitter purposefully concealed security flaws and data privacy concerns.
Musk has stated that Twitter misrepresented the facts pertaining to bot accounts on its platform as the basis for pulling out of the $44 billion (approximately Rs. 3.5 lakh crore) agreement.
Twitter, however, seems to imply that Musk changed his mind after agreeing to buy the social networking site for $54.20 a share (roughly Rs. 4,500 per share) because of the rising cost of living and political unrest throughout the world.
Additionally, Musk's statement that appeared to indicate that he was unconcerned about bot accounts was read aloud by Twitter's attorney. According to reports, it said that if the world was "going into World War III," Musk would not be interested in buying Twitter.
Notably, the contract permits Musk to terminate the agreement under certain circumstances; nevertheless, the report states that war is not directly stated in the contract. Musk would have to pay a termination fee of $1 billion (about Rs. 8,000 crore) if he were to lose this lawsuit.
