Thread by @nonnetworknews

According to public records from the @uspto, @dominionvoting assigned security interests for 18 of its patents to "HSBC Bank Canada, as a collateral agent" in September of 2019. @SidneyPowell1 @RudyGiuliani

nonnetworknews.com/dominion-assig…

2/ Also, @SenWarren @RonWyden @amyklobuchar &
@MarkPocan had same suspicions about vote switching. They sent letters to biggest investors @HartInterCivic @dominionvoting & @essvote

"voters in S.C. [were] reporting machines that switched their votes"

warren.senate.gov/imo/media/doc/…

3/ A more accurate question may be, “Why did Dominion assign HSBC as the collateral agent for 18 patents?”

When lenders take collateral as security for loans, a collateral agent is often appointed to enforce rights against collateral in the event of default.

4/ There are several reasons a collateral agent may be desirable. There may be a syndicate of lenders for the loans, so it may make sense to centralize the collateral-related duties by delegating them to one agent which will act at the direction of the number of lenders.

5/ Also possible that collateral may be located in jurisdiction where lenders do not have a presence. Creditor’s rights to collateral are typically determined by local laws, so it may be prudent to hire a local agent familiar with the local jurisdiction. tmf-group.com/en/news-insigh…

6/ It’s concerning that a Dominion default or bankruptcy could mean control of the intellectual property assets for voting technologies would be managed by the HSBC collateral agents if I’m understanding correctly.