The Phantom Bitcoin Investor

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"Famed Trader" Joe Lewis was briefly a major backer—to the tune of $200 million—of the digital currency, except that he wasn't.

Investor Joe Lewis isn't investing in a bitcoin venture called Avalon and doesn't lead a Zurich-based private-equity fund called the Phoenix Fund. An article on the supposed investment was inaccurately published and has been removed.

Correction: Famed Trader Backs Bitcoin [WSJ]

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