Several people involved with the former president’s company, operator of Truth Social, believe the departures were retaliation following internal complaints about CEO Devin Nunes to the company board.

The deal with energy magnate James E. Davison illustrates how Trump’s stake in the Truth Social company, which makes up a majority of his net worth, presents conflicts of interest.

The company behind Trump’s Truth Social platform has the option to sell up to $2.5 billion worth of shares, easing the way for the former president to convert his paper stake into something more tangible.

Secret IRS records reveal dozens of highly fortuitous biotech and health care trades. One executive bought shares in a corporate partner just before a sale, and an investor traded options right before a company’s revenues took off, netting millions.

According to the SEC, Sen. Richard Burr of North Carolina, then chairman of the Senate Intelligence Committee, had material nonpublic information about coronavirus impact. He and his brother-in-law dumped stock before the market dropped in March 2020.

Owners like Steve Ballmer can take the kinds of deductions on team assets — everything from media deals to player contracts — that industrialists take on factory equipment. That helps them pay lower tax rates than players and even stadium workers.