{
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  "docSlug": "85539af44f20",
  "documentTitle": "Faraday Future Intelligent Electric Inc. (FFAI)",
  "authorId": "60_Wolfpack_Research",
  "authorName": "Wolfpack Research",
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  "sourceTypeSlug": "short_seller",
  "sourceTypeLabel": "Short seller",
  "presentationDate": "2025-09-11 00:00:00",
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  "notes": "The slide uses a table to highlight matching addresses between a nominee director and YT, and text to explain the fraudulent nature of the LeSoar asset transfer.",
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      "kind": "callout",
      "text": "This means that one of YT’s associates was sitting on both sides of a transaction that supposedly put his assets out of reach of his creditors.",
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      "text": "According to the representations made to the bankruptcy court, on October 17th, 2017, YT sold the remaining Series C shares along with LeSoar for nominal consideration to Innovation Era Holding, Inc. a supposed “third party in exchange for the assumption of LeeCo Group’s $71.6 million in liabilities.” He then stated that 4,906,707 shares had been transferred in satisfaction of a debt and that the balance of the shares was transferred shortly thereafter.",
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      "kind": "paragraph",
      "text": "However, we have uncovered evidence that Innovation Era is controlled by YT. Innovation Era, which supposedly purchased LeSoar for nominal consideration, had one director, Lintao Lyu. Lyu is an associate of YT’s who serves as the legal representative of one of YT’s other companies, Leshi ZX Commerce, and also apparently worked for Leshi ZX Tianjin, the ultimate parent for both Leshi Investment, which held LeSoar and its Lucid Shares, as well as Leshi ZX Commerce. This means that one of YT’s associates was sitting on both sides of a transaction that supposedly put his assets out of reach of his creditors.",
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      "text": "Table comparing Blitz Nominee Directors and their ID addresses, highlighting a match with JIA, Yueting.",
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      "kind": "title",
      "text": "We Believe YT Lied About Selling His Interest in LeSoar Since the “Third Party” He Sold It To, Innovation Era Was Owned by Another One of YT’s Trusted Associates",
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