Authentic Brands Group, which runs Forever 21, sues payments startup Bolt, saying it lost out on $150M+ in sales; Authentic is Bolt's most prominent customer (Lizette Chapman/Bloomberg)

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Lizette Chapman / Bloomberg:

Genuine Manufacturers Group, which runs Ceaselessly 21, sues funds startup Bolt, saying it misplaced out on $150M+ in gross sales; Genuine is Bolt’s most outstanding buyer  —  Bolt Monetary Inc., the funds startup identified for its founder’s inflammatory Twitter threads claiming Silicon Valley is run by …





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