This is the best summary I could come up with:

Just two weeks after Elon Musk took over Twitter in fall 2022, he told employees that his big plan to save the social media platform from bankruptcy was to turn it into a bank.

These grievances, The Guardian reported, also call into question whether X "can be trusted to abide by federal and state laws protecting consumer data and records."

The lawsuit argued that Twitter violated its own ToS by sharing Al-Sadhan's account information, allegedly because the company was financially motivated not to rile the Saudi government.

While the employee spying happened well before Musk bought Twitter, Al-Sadhan's lawyers told US regulators this week that "X’s prior and current conduct deserves 'serious and careful investigation.'"

If there is no investigation, lawyers allege that the KSA could gain unprecedented access to users' confidential financial information.

They've alleged that the stakes are high because X has "acted at the direction of Saudi Arabia in furtherance of the kingdom’s campaign of transnational repression."

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