Crypto Live News
The US Securities and Exchange Commission (SEC) is investigating a former Twitter executive over a security breach that occurred prior to Elon Musk’s acquisition of the platform. Anonymous sources say Ned Segal and Parag Agrawal, ex-CFO and CTO, respectively, allegedly failed to inform shareholders about a bug that allowed outsiders to see user emails and identities. Although neither executive is accused of wrongdoing, the investigation found they failed to take adequate measures to correct the issue. The SEC began investigating the acquisition and breaches in 2018 following Musk’s $44 billion purchase of the social media platform.
Credit: Source link