NBC News reports:
Overstock CEO Partick Byrne has resigned from the e-commerce company after making controversial comments about his role in the “deep state.” Byrne, who founded Overstock 20 years ago, has been in hot water since he responded to claims of his involvement in the federal government’s investigation into the 2016 election.
The announcement sent Overstock’s shares tumbling more than 30% over the following days. In a statement, he referred to federal agents as the “Men in Black” and said he assisted in investigations related to the Clintons and Russian interference.
In an interview with The New York Times, Byrne claimed he was romantically involved with Maria Butina, the Russian operative who used her NRA activism to infiltrate American politics. She was later sentenced to 18 months in prison.
BREAKING: Maria Butina’s lawyer confirmed that she was “romantically involved” with Patrick Byrne, and that government officials had instructed the Overstock CEO on how to interact with her. Butina, a Russian spy, infiltrated the highest ranks of the @NRA. https://t.co/zQ8OrXQPER
— Shannon Watts (@shannonrwatts) August 15, 2019
Here’s some background on the serious travails at Overstock that motivated his effort to revive the Butina fish story and associated lies. Note the SEC investigation and the disintegration of his company due to his mismanagement.$OSTK https://t.co/3ULGBdsufw
— Gary Weiss (@gary_weiss) August 14, 2019
Overstock founder and CEO Patrick Byrne has resigned as CEO and board member.
In a letter to shareholders, he said his presence “may affect and complicate all manner of business relationships” pic.twitter.com/NF7BLEOeby
— Bloomberg TicToc (@tictoc) August 22, 2019
I’m sorry, I missed this story entirely? The Overstock CEO wants Maria Butina to become president of Russia? What a time https://t.co/fsHbCrAXkw
— Miriam Elder (@MiriamElder) August 15, 2019
— Jim Hoft (@gatewaypundit) August 12, 2019
For those who haven't read the resignation statement from https://t.co/2mGn7Psjh6's CEO… you're in for a treat. $ostk https://t.co/FKcEm5P178 And in case you're a bit new to what's going on… well. https://t.co/eLJZ7Dqnl8
— Clementine Fletcher (@clemfletch) August 22, 2019