The FBI couldn’t figure it out because they did not want to. I am retired from the Defense intelligence Agency. I knew it was fraud without even reading it. It’s classification is Confidential/Sensitive Sources. If I had ever submitted an intel report and classified it Confidential/Sensitive Sources I would have been terminated. This Sensitive Source was supposedly close to Putin. A high level Sensitive Source in a Confidential report: impossible
The FBI certainly knew it to be a fraud but it was their all inclusive “trump” card to do whatever they wanted to investigate and ideally to find cause to remove Trump from office.
Interesting observation. Steele was a former Brit spook. Although he had been retired for sometime he certainly would have known how to classify and handle real intel information. While Steele is busy passing the dossier around the planet, the FBI classifies it TS. Sheesh..