A co-founder of the firm behind Truth Social says Trump retaliated against another exec who refused to gift some of his shares to Melania

 

https://www.msn.com/en-us/news/politics/a-co-founder-of-the-firm-behind-truth-social-says-trump-retaliated-against-another-exec-who-refused-to-gift-some-of-his-shares-to-melania/ar-AA130ovT

 

kvlamis@insider.com (Kelsey Vlamis)

Oct. 15, 2022

A co-founder of Trump Media & Technology Group, the company behind Truth Social, said former President Donald Trump pushed another executive to give some of his shares to Melania Trump and retaliated when the request was declined, according to a Washington Post report.

-----

Trump had been given a 90% stake in the company when it was founded, according to the SEC complaint. But Wilkerson told the Post he was with fellow co-founder Andy Litinsky in October 2021 when the latter received a call from Trump. At the time, the company had recently reached a merger deal that would catapult the value of its stock. Wilkerson said the former president asked Litinsky to give some of his shares to Melania Trump.

 Wilkerson told the Post that Litinsky demurred and explained the gift would result in a tax bill he would be unable to pay: "Trump didn't care. He said, 'Do whatever you need to do.'"

-----