'Singaporean' company whose former managing director (Chinese national Alice Huang / Huang Le) and owner (through a self-titled company) is the same person he's had an extramarital affair with.
The same company they've audited the datacentres of, and saw dummy non-running servers within which had been stripped of their GPUs, and were 'fooled' that they were simply yet to be commissioned.
The investigation was also halted
Plenty of companies are started by Chinese Nationals. Including inside US.
On 2nd point, even Hyperscalers have large stack of GPU sitting idle yet to be commissioned.