SAN FRANCISCO, March 20 (Reuters) - A U.S. federal jury found Elon Musk liable on Friday for claims he defrauded Twitter shareholders by trying to drive down the social media company's stock price so he could renegotiate or back out of a $44 billion takeover in 2022.The verdict from a jury in San Francisco federal court came in a closely watched civil trial where Musk, the world's richest person, was accused of falsely claiming on social media that Twitter underreported how many fake and spam accounts, known as bots, were on its platform. Damages have yet to be calculated but Francis Bottini, a lawyer for the shareholders, estimated they could total about $2.5 billion."Musk's status as the world's richest man is not a free pass," Bottini said in a statement. "If you're able to move markets with your tweets you're responsible for the harm you cause to investors."https://www.reuters.com/sustainability/boards-policy-regulation/musk-found-liable-twitter-shareholders-fraud-lawsuit-over-44-billion-takeover-2026-03-20/
>>531231920It was riddled with bots. Back in 2022 if you tweeted "metamask" you would get a dozen Indian accounts replying immediately with urls trying to steal your crypto
Didn't they force him to buy it?
It's funny to imagine a pissed off working class juror who's legally obligated to sit around for weeks listening to billionaires demand billions of dollars from one another while he's lucky to even be compensated for his time.
>>531231920I hate the entitlement of "shareholders" so much
>"If you're able to move markets with your tweets you're responsible for the harm you cause to investors."Someone sue him for the crypto crash. He fucked everything up.
>>531231920> twitter is valuable!!! i would buy it for billions :DDD> wait i have to buy it???> too many bots (source: TRUST ME)> forced to buy it > wow it's so valuable, and btw there were never any bots (source: TRUUUST ME with 2x extra characters now)> ok all the bots that don't exist are gone now (source: PUSSY IN BIO)> and there are still none (source: kindly click to redeem the crypto coin saar)
>>531231920who are the lumberjack faggots with him?
>>531232998was it really down 20% today? lol baggies
>>531233272Fascist private security from his personal paramilitary organization. No, really. Just like the Russian oligarchs.