Federal prosecutors in Brooklyn are investigating the flow of funds between Barry Silbert’s Digital Currency Group and its lending subsidiary, Genesis, Bloomberg reported on Friday. The authorities have been requesting interviews and documents and are also investigating what investors were told about the transfers, according to the report. The Securities and Exchange Commission is also...
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The Heir Who Wants to Be Mayor
Hi, welcome to your Weekend.To spend time with Daniel Lurie is to understand the true meaning of the word “mensch.” Everyone who knows the San Francisco philanthropist and Levi’s heir says pretty much the same things about him: Daniel is “a really good guy”—affable, smart, egoless and earnest in his desire to improve the lives of the neediest. So earlier this year, when I began hearing...
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