Is there a state in which this constitutes fraud?
Sure. Based on cursory analysis, California (B&P § 17200 + § 17941), New York (§ 63(12)) and New Hampshire (RSA 664:14 / 664:16 + RSA 358-A) seem to be good places to start. Worst case, we get a public record of who paid for what under what pretences.
What's the actual fraud angle? Non disclosure?
…I literally quoted statute.
Cheers.
BTW - I circled back and answered that question you asked of me. You're welcome. https://news.ycombinator.com/item?id=48917128
A country like France has shown that they're willing to take no an oligarch[0], and they have the nuclear means to protect themselves from American oligarchs leveraging the American military to punish France for doing so.
This kind of stuff will continue until a country like France forces a jet carrying someone like Musk, Altman, Thiel, or Zuckerberg to land so that they can be arrested, tried, convicted, and forced to spend a few years to decades in a drab little room.
[0] https://en.wikipedia.org/wiki/Arrest_and_indictment_of_Pavel...
Pointing to Durov while Bolloré runs free is silly.
As some random schmuck this is as far as I can tell the only way out of this mess — make them fight each other instead of me.