Twitter Stock Price Plummets in Wake of Whistleblower Scandal Which Might Affect Musk Battle

The Twitter stock price has plummeted following news that the former head of security for the social media company, Peiter “Mudge” Zatko submitted a disclosure to U.S. Congress as well as other federal agencies last month regarding alleged major holes in Twitter’s security.

Disclose.TV reported earlier, “JUST IN – Twitter stock falls over 5% amid whistleblower allegations.”

The stock is now down over 7% as of the writing of this article, below $40 per share and well below the share price that Elon Musk agreed to.

Additionally, Disclose.TV added in a quote tweet, “MORE – Twitter also appears to have flawed offboarding practices:”

Twitter user Al Sutton wrote in the original tweet, “If you are wondering if the stuff about Twitter security being lapse is just one person complaining, you might be interested to know that, 18 months after being let go from the company, I’ve not been removed from their employees GitHub commiters group.”

“The link won’t show me as a member any more, because, after 18ish months, I have finally been removed from the Twitter employees group,” Sutton later added.

That was after Sutton had shared a screenshot of his removal and quipped, “Still warm from travelling over the Internet to my inbox…”

MORE – Twitter also appears to have flawed offboarding practices:https://t.co/8Q7wc5e6f3

— Disclose.tv (@disclosetv) August 23, 2022

Tide could be Turning for Elon Musk as Former Twitter Security Chief Becomes Whistleblower, Claims Company is in Violation of an FTC Agreement, says Parag Agrawal is ‘Lying’

Musk had responded to the whistleblower news by sharing a Jiminy Cricket meme that said, “Give a little whistle.”

In a reply, Musk shared a screenshot of part of a Washington Post article on the matter and quipped, “So spam prevalence *was* shared with the board, but the board chose not disclose that to the public …”

So spam prevalence *was* shared with the board, but the board chose not disclose that to the public … pic.twitter.com/lXk48TFZL1

— Elon Musk (@elonmusk) August 23, 2022