Rest assured, this looks like more of a clerical error than a conspiracy, so don’t go breaking out your magnifying glasses just yet.
What probably happened is, neither Beatty or Dunaway had a pair of reading glasses on hand and read the bigger print on the card, without seeing the finer print until later.
There’s going to be a lot of attention paid to this chain of events, but from what Warren Beatty is saying, his explanation of events lines up.
Clearly, there’s been a mistake involving what looks like a second envelope printed for the “Best Actress In A Leading Role” award, and that envelope wound up in the hands of Warren Beatty and Faye Dunaway.