Will Wilkerson, one of the first employees of Trump media and technology groupHas has filed a whistleblower complaint about the company and shared some details with The Washington Post.
Wilkerson’s revelations included Trump seeking revenge on the co-founder of TMTG Andy Litinsky for not agreeing to give some of his shares in the company to the former first lady melaniethe WaPo report said.
See also: Trump’s adult sons have reportedly sought larger stakes in his media company, despite small stakes
The talks between Trump and Litinsky came in October after TMTG announced a deal to merge with Special Purpose Acquisition Company Digital World Acquisition Corp. DWAC. The SPAC deal meant the stake Trump was asking for was worth millions of dollars, Wilkerson told the Post.
At the time, Trump owned about 90% of TMTG stock in exchange for using his name and a small stake with no money involved.
According to the report, Litinsky tried to dodge it by saying that the gift to Melania could require him to pay a huge tax bill that he couldn’t afford. Trump wasn’t in listening mode, saying, “Do whatever you have to do,” he added.
The TMTG co-founder paid the price for rejecting Trump and was abruptly removed from the company’s board in about five months, the report said.
Wilkerson and his attorneys shared with the Post Litinsky’s email to the SEC complaining that Trump threatened to “blow up the company” if his demands weren’t met.
price action: Digital World closed Friday’s session at $17.49, down 4.43% Benzinga Pro data.
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