Elon Musk accuses Twitter of hiding information and threatens to sever ties with the company

Elon Musk’s acquisition of Twitter has met another snag: the deal has been put on hold while Musk and his team try to estimate the number of bogus account

Musk is now threatening to pull out of the agreement. “This is a clear material breach of Twitter’s obligations under the merger agreement

Mr. Musk reserves all rights resulting therefrom, including his right not to consummate the transaction and his right to terminate the merger agreement,” his attorney, Mike Ringler, writes in a letter to the SEC.

According to the letter, while Twitter’s official filings say that less than 5% of accounts are fraudulent