Overstock CEO says he dated Russian agent Maria Butina, got involved in a nebulous 'Deep State' conspiracy
Overstock CEO Patrick Byrne and convicted unregistered Russian foreign agent Maria Butina were romantically involved, Byrne and Butina's lawyer Robert Driscoll confirmed to The New York Times. But it's not clear why Byrne made that relationship public, first hinting about it in a strange Overstock press release Monday, or how it relates to what he calls a "Deep State" plot involving "political espionage conducted against Hillary Clinton and Donald Trump."
Byrne's accounting of their three-year relationship is pretty straightforward: Butina introduced herself at a libertarian conference in Las Vegas in July 2015, he wasn't interested in her pitch about her Russian gun-rights group but agreed to have breakfast with her when she said the top Russian central bank official she worked for wanted Byrne to come talk about blockchain technology in Moscow. They hit it off and kept in touch over text message, and the relationship quickly became romantic once they met at a New York hotel in September 2015.
Byrne, a self-described "56-year-old bachelor," says he grew suspicious of Butina, 30 and serving 18 months in prison, and her intentions as their relationship continued. Eventually, he told the Times, he began to communicate with the FBI about their interactions, during which Butina started talking more about meeting people involved in Clinton and Trump's presidential campaigns. Their relationship was concurrent with Butina's other known romantic involvement, with Republican operative Paul Erickson.
The Week
Escape your echo chamber. Get the facts behind the news, plus analysis from multiple perspectives.
Sign up for The Week's Free Newsletters
From our morning news briefing to a weekly Good News Newsletter, get the best of The Week delivered directly to your inbox.
From our morning news briefing to a weekly Good News Newsletter, get the best of The Week delivered directly to your inbox.
According to Driscoll, Byrne contacted him after Butina's sentencing and disclosed that he had been in contact with the FBI, and Byrne's story prompted him to write to Justice Department officials on July 25, claiming Byrne said he had "acted at the direction of the government and federal agents by, at their instruction, kindling a romantic relationship with her." Byrne didn't make that claim to the Times, but he did say he's still "quite fond" of Butina and he came forward because he thinks the feds mishandled its investigation of her.
A free daily email with the biggest news stories of the day – and the best features from TheWeek.com
Peter has worked as a news and culture writer and editor at The Week since the site's launch in 2008. He covers politics, world affairs, religion and cultural currents. His journalism career began as a copy editor at a financial newswire and has included editorial positions at The New York Times Magazine, Facts on File, and Oregon State University.
-
Rob Jetten: the centrist millennial set to be the Netherlands’ next prime ministerIn the Spotlight Jetten will also be the country’s first gay leader
-
Codeword: November 4, 2025The Week's daily codeword puzzle
-
JD Vance wades into choppy religious waters about wife UshaTHE EXPLAINER By emphasizing his hope that the Second Lady convert to Christianity, the Vice President of the United States is inviting controversy from across the religious spectrum
-
Warner Bros. explores sale amid Paramount bidsSpeed Read The media giant, home to HBO and DC Studios, has received interest from multiple buying parties
-
Gold tops $4K per ounce, signaling financial uneaseSpeed Read Investors are worried about President Donald Trump’s trade war
-
Electronic Arts to go private in record $55B dealspeed read The video game giant is behind ‘The Sims’ and ‘Madden NFL’
-
New York court tosses Trump's $500M fraud fineSpeed Read A divided appeals court threw out a hefty penalty against President Trump for fraudulently inflating his wealth
-
Trump said to seek government stake in IntelSpeed Read The president and Intel CEO Lip-Bu Tan reportedly discussed the proposal at a recent meeting
-
US to take 15% cut of AI chip sales to ChinaSpeed Read Nvidia and AMD will pay the Trump administration 15% of their revenue from selling artificial intelligence chips to China
-
NFL gets ESPN stake in deal with DisneySpeed Read The deal gives the NFL a 10% stake in Disney's ESPN sports empire and gives ESPN ownership of NFL Network
-
Samsung to make Tesla chips in $16.5B dealSpeed Read Tesla has signed a deal to get its next-generation chips from Samsung
