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DOJ Files Expose Epstein’s Early Crypto Investments and Industry Access

Newly released emails detail verified stakes alongside sensitive post-conviction contacts with prominent Bitcoin figures.

Overview

  • Emails show Jeffrey Epstein invested $3 million in Coinbase in 2014 at roughly a $400 million valuation, with Coinbase co-founder Fred Ehrsam aware and about half the stake sold back to Blockchain Capital in 2018.
  • Blockstream’s Adam Back confirmed Epstein’s involvement tied to a Joi Ito-managed fund during the company’s 2014 seed round, while stating the firm has no current financial connection to Epstein or his estate.
  • Correspondence reveals repeated post-2008 communications with Tether co-founder Brock Pierce that included sexually explicit references, plus a documented Bitcoin meeting at Epstein’s Manhattan townhouse with Larry Summers.
  • Records capture Epstein discussing crypto regulation and taxes with Steve Bannon in 2018, proposing a Treasury voluntary disclosure for crypto gains, and debating Bitcoin’s identity in a 2014 exchange with Peter Thiel.
  • Epstein raised funding-ethics concerns in an email to Bitcoin researcher Jeremy Rubin, and separate notes reference figures such as Vitalik Buterin only indirectly through third-party messages.