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

According to a Washington Post report, a co- founder of Trump Media & Technology Group said that former President Donald Trump tried to get another executive to give some of his shares to the first lady.

The allegation was made in a story published by the outlet on Saturday. The materials submitted with the complaint were obtained by The Post.

According to the SEC complaint, Trump received a 90% stake in the company. When Andy received a call from Trump, he was with his co-founding partner, according to the Post. The merger deal would catapult the company's stock price. The former president asked the man to give some of his money to the first lady.

The gift would result in a tax bill and Trump didn't care, according to the Post. He told them to do whatever they needed to do.

A former contestant on "The Apprentice" was removed from the company's board of directors. The March email was obtained by the Post.

The email was published by the Post and said that the president demanded that the equity be given to his wife. I have told him several times that I can't afford to pay taxes on the equity I have earned and gift it to his wife.

According to the email, Trump threatened to blow up the company if his demands weren't met and that he would be seeking legal counsel.

A person for Trump did not reply immediately. He did not respond to Insider's request for comment immediately.

The Post's reporting was blasted by a representative for the Trump Media & Technology Group.

The platform has launched on the Apple and Google app stores, attracted millions of users, and was executed multiple times, according to the statement.

The statement said that the Washington Post published a story with false and defamatory statements. The statement did not say anything about the allegations.

The senior vice president of operations said he was fired on Thursday after talking to the Post. Lawyers for Wilkerson did not immediately respond to Insider's request for comment, but told the Post he is cooperating with the SEC and New York prosecutors.