Skip to main content

The Phantom Bitcoin Investor

  • Author:
  • Updated:

"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]