Is this a one time event?
Is it a production part, or a unique assembly ?
What happened to the severed bolt body off to the left?
What size is the thread? How is it supposed to be tightened?
As suggested by others, confirming the thread geometry of both components is an important first step.
Also asking the folks that were there what happened would have some clues.
And, observing the assembly of a few qualified correctly manufactured components.
I'd expect to find some measurable geometrical discrepancies.
At least one inch-sized fastener has a pitch close enough to a similar size (but slightly larger diameter) metric fastener that an inch sized screw
will assemble easily into the metric nut. The screw will wobble alarmingly if tested that way, as the pitch diameters are way off.
For instance, a 3/4"-16 screw installed in a M20-1.5 tapped hole
I picture if such a combo was tightened or otherwise subjected to significant axial load the threads might fail br ripping off the thread crests similar to those in your picture.