According to BlockBeats, on August 10, Omid Kordestani, former chairman of Twitter (now renamed X), sued the social platform company, claiming that its owner, Tesla CEO Elon Musk, refused to cash in overdue shares worth more than $20 million.
Omid Kordestani, who served as Twitter's executive chairman from 2015 to 2020 and served on the board for another two years until Musk acquired the platform for $44 billion, said in the lawsuit that most of his compensation was in stock, which Musk refused to pay.
