Twitter Is Facing Fresh SEC Scrutiny Over Spam-Account Calculations
- Agency sent letter to firm asking for more information
- Company has been clashing with Elon Musk over its methodology
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The US Securities and Exchange Commission recently pressed Twitter Inc. for more information on how the company identifies spam accounts, adding to scrutiny over the platform’s processes for keeping tabs on its user base.
The SEC’s June 15 query to Chief Executive Officer Parag Agrawal, which was made public on Wednesday, centered on statements in the firm’s latest annual report. The company has said that spam and bot accounts comprise less than 5% of its user base.