The FTX bankruptcy continues to be a messy affair for everyone involved. On Sunday, FTX’s management team sued the liquidators overseeing FTX’s Bahamian entity, saying the liquidators wrongly claimed ownership of FTX assets. FTX management is seeking a court ruling making clear that the Bahamian entity owns no part of FTX’s assets, its customer information, and that FTX can recover anything that...
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The Weekend startups culture
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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