"Former ICANN CEO Fadi Chehade personally registered the domain name currently used by Ethos Capital in May and it was registered as a limited company in the US state of Delaware on May 14. That date is significant because it is one day after ICANN indicated it was planning to approve the lifting of price caps through its public comment summary.
As such it appears that the plan to purchase the .org registry was predicated on the price caps going ahead and that those behind the deal had intricate knowledge of ICANN’s internal processes."
https://news.ycombinator.com/item?id=21612033
Some further background on what happened. I don't see how this can be interpreted as anything other than corruption, plain and simple.
https://www.theregister.co.uk/2019/11/20/org_registry_sale_s...
"Former ICANN CEO Fadi Chehade personally registered the domain name currently used by Ethos Capital in May and it was registered as a limited company in the US state of Delaware on May 14. That date is significant because it is one day after ICANN indicated it was planning to approve the lifting of price caps through its public comment summary.
As such it appears that the plan to purchase the .org registry was predicated on the price caps going ahead and that those behind the deal had intricate knowledge of ICANN’s internal processes."