Elon Musk on Nov. 5 confirmed claims that Twitter employees were selling verification badges for certain users.
Neither WSBChairman nor Musk provided further details or evidence. Meanwhile, no prominent former Twitter executives have publicly commented on the matter.
"Far too many legacy 'verified' checkmarks were handed out, often arbitrarily, so in reality they are *not* verified," Musk wrote. "You can buy as many as you want right now with a Google search. Piggybacking off payment system plus Apple/Android is a much better way to ensure verification."
The Tesla CEO last week unveiled a plan to get verified users to pay $8 per month to keep their blue checkmark, which has become something of a status symbol on the social media platform. Verification badges were proposed as a system to show that an account is authentic, but Musk said that it created a "lord-and-peasant" system on the platform.
"Everyone exited was offered 3 months of severance, which is 50 percent more than legally required," he wrote.
Meanwhile, some Democrat lawmakers have already set their sights on Twitter and Musk. A letter from Sen. Chris Murphy (D-Conn.) to Treasury Secretary Janet Yellen requested an investigation into the acquisition because members of the Saudi royal family are prominent investors in the company. However, Prince Alwaleed bin Talal had bought a stake in the company many years before Musk acquired it last month.
"I write to draw your attention to potential national security concerns arising from the recently completed takeover of Twitter, Inc. by Elon Musk and a number of private investors," Murphy wrote, according to reports. "Setting aside the vast stores of data that Twitter has collected on American citizens, any potential that Twitter’s foreign ownership will result in increased censorship, misinformation, or political violence is a grave national security concern."
Musk last week announced that the newly acquired firm has suffered significant revenue losses after prominent advertisers pulled out. The tech billionaire accused activist groups of leading the charge against him and said that "they’re trying to destroy free speech in America."
Twitter didn't respond to a request for comment by press time.