US regulator warns Twitter boss Elon Musk

A US regulator says it is watching events at Twitter with "deep concern" after the platform's top privacy and compliance officers reportedly quit.

The Federal Trade Commission (FTC) said new chief executive Elon Musk was "not above the law", SIA reports.

Separately, Mr Musk reportedly told employees that bankruptcy is not out of the question for Twitter.

The company has been in disarray since Mr Musk started firing thousands of employees last week.

The ability for users to buy verified status as part of a new subscription has raised concerns that Twitter could be swamped with fake accounts.

On Thursday, Yoel Roth, who had been Twitter's head of trust and safety, updated his profile on the social media platform to indicate that he was no longer in the role.

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