An American company that allegedly paid an indicted FBI informant accused of lying about Joe Biden and his son’s business dealings has ties to former President Donald Trump, according to a report.

Economic Transformation Technologies (ETT), the company, paid Alexander Smirnov, the once-FBI informant, $600,000 in September 2020, a February court filing states, reported The Guardian.

This hefty payment was made “in exchange for a stake in an Israel-based crypto trading platform” that Mr Smirnov was trying to launch, the Wall Street Journal reported in February.

The document also notes that months prior, in June, Mr Smirnov first began telling “fabrications” to the agency. Mr Smirnov has since been charged for these lies.