That wasn't my first search result, however, it seems like some sources have chosen to update and extend the meaning (including OED) , probably based on loose, incorrect usage becoming prevalent over time which was very much the root of my annoyance in the first place.

I hold my hands up and hang my head on this one, you got me.  No excuses, my apologies to dolddigger for being a twat on this occasion, not the first time and won't be the last.

@dolddigger... However, I still don't get the point of coming here with such negativity, going back to your post you made two points;

the first I wholly agree with, the second is nonsense.  How can reaching out and asking to establish a new working relationship with an as yet unidentified third party be nepotism by any accepted definition of the word?

Maybe the dev is busy / has another life and doesn't want a full-time job hand-holding every up and coming exchange out there, many of which have proven to be nefarious or naive at best.  I think it's perfectly reasonable of him to say that he only wants to deal with one exchange personally and he did in fact say that anybody else technically savvy enough was perfectly at liberty to involve themselves in supporting other exchanges.

I think you are deliberately twisting awkwardly expressed views and attempting to make them something devious and/or negative out of some personal vendetta.  Hence my failed swipe at you in the same vein.