Sanberg, a founder of Aspiration, in 2020, and then 2021, pre Clippers, borrows a total of $145m from a bank, using his Aspiration shares as collateral. The bank says that’s not enough. So he pays a guy 12.3m to go Madoff and falsify statements to make it look like he has 86m in stocks and $25m in cash, and uses that fake info to “guarantee” the Sanberg loan. By the time he gets an investment from Ballmer or Wong, he knows he is going to jail at some point. Then he puts the guy he paid the 12.3m to, on the Aspiration Board of Directors , and they get the CEO, who had a background of as a prosecutor of financial crimes, to leave in 2022, right as Sanberg defaulted on his fraudulently acquired loan EVERYTHING that happens with the clippers is from 2 guys who knew they were fucked and would do anything to stay out of jail. https://www.forbes.com/sites/stephenpastis/2025/03/14/the-story-of-climate-friendly-digital-bank-aspiration-just-got-stranger/(Mark Cuban)