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.
Subscribe to 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.
Sign up for Today's Best Articles in your inbox
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.
-
Today's political cartoons - March 8, 2025
Cartoons Saturday's cartoons - trade wars, healthcare costs, and more
By The Week US Published
-
Marbled tea eggs recipe
The Week Recommends With a beautiful exterior, these eggs are also marked by their soft yolk
By The Week UK Published
-
The Washington Post: kowtowing to Trump?
Talking Point The newspaper's opinion editor has handed in his notice following edict from Jeff Bezos
By The Week UK Published
-
Crafting emporium Joann is going out of business
Speed Read The 82-year-old fabric and crafts store will be closing all 800 of its stores
By Peter Weber, The Week US Published
-
Trump's China tariffs start after Canada, Mexico pauses
Speed Read The president paused his tariffs on America's closest neighbors after speaking to their leaders, but his import tax on Chinese goods has taken effect
By Peter Weber, The Week US Published
-
Chinese AI chatbot's rise slams US tech stocks
Speed Read The sudden popularity of a new AI chatbot from Chinese startup DeepSeek has sent U.S. tech stocks tumbling
By Peter Weber, The Week US Published
-
US port strike averted with tentative labor deal
Speed Read The strike could have shut down major ports from Texas to Maine
By Peter Weber, The Week US Published
-
Biden expected to block Japanese bid for US Steel
Speed Read The president is blocking the $14 billion acquisition of U.S. Steel by Japan's Nippon Steel, citing national security concerns
By Peter Weber, The Week US Published
-
Judges block $25B Kroger-Albertsons merger
Speed Read The proposed merger between the supermarket giants was stalled when judges overseeing two separate cases blocked the deal
By Peter Weber, The Week US Published
-
Rupert Murdoch loses 'Succession' court battle
Speed Read Murdoch wanted to give full control of his empire to son Lachlan, ensuring Fox News' right-wing editorial slant
By Peter Weber, The Week US Published
-
Bitcoin surges above $100k in post-election rally
Speed Read Investors are betting that the incoming Trump administration will embrace crypto
By Peter Weber, The Week US Published