It doesn't take a genius to figure out what a shipment with an Nvidia label to a warehouse contains.
My father was a transportation manager for years, and his first rule is when expensive shipments are targeted and inexpensive are not it's an inside job.
This is just one shipment of several that would have been siphoned off over the past year or two.
Oh and another fact, news of the nVidia situation got out to investors and was the source of the recent broad market sell off, even though this was all insider trading based on information that has not been released publicly.
That's how they fool the public, and people almost always take the bait. The above "$11M" is just one of many; the rest have not been discovered yet.
edit : oh and possibly Lutnick and Nvidia covering it up
So perhaps there's another shoe to drop in terms of Nvidia (the DOJ case), and maybe Trump throws Lutnick under the bus when the heat piles on
Let's not, and wait for evidence instead...keeping an eye on your assumption as indeed possible.
I'm not sure how to square this against there not being some funny business with the export controls.
Your theory is like pointing at a story about a guy holding up a 7/11 in March 2009 and blaming it on Bernie Madoff.
They had to get around other Federal oversight that was trying to enforce the export controls. Bessent clarified as much on CNBC earlier today.
Someone in a food truck taking 6 pallets from a dock is a theft.
Someone currying favor to the tune of $25 million has billions to make.