What’s in the packet

  1. Melkarthean investment records

    • Melkarthe buys Crownward-facilitated securities backed by Salt-Backed debt in Tortoise Cove.
    • Proves Melkarthe knowingly finances the Cove-control system.
  2. Returning Sails / Crownward intelligence agreement

    • Sails buys Crownward maritime-risk intelligence.
    • Sails uses it to price insurance across Kymbos.
    • Melkarthean voyages consistently receive favorable risk treatment.
  3. Crownward financial ledgers

    • Show:

      Melkarthe → Crownward → Returning Sails → Salt-Backed / Tortoise Cove

    • Also show:

      Crownward → Special Recoveries Reserve → unexplained outside payees

  4. Internal correspondence

    • Sails and Melkarthean officials openly acknowledge Crownward’s use of Salt-Backed to control pirate behavior.
    • They question why unrelated Crownward funds are being routed through Sails.
    • Crownward refuses to explain beyond vague claims of Dominion authority and confidentiality.

Takeaway

  • Melkarthe knows Crownward controls the Cove and pays for it on purpose.
  • Returning Sails knows too and profits from the arrangement.
  • The whistleblower defects because Crownward is also secretly moving money through Sails for something else.
  • Even Sails and Melkarthe don’t know what that “something else” is.