Article 73ED4 Files cast light on Jeffrey Epstein’s ties to cryptocurrency

Files cast light on Jeffrey Epstein’s ties to cryptocurrency

by
Adam Willems
from Technology | The Guardian on (#73ED4)

Newly released documents detail convicted sex offender's early backing of bitcoin and Coinbase

Millions of files related to Jeffrey Epstein have brought to light his ties to the highest echelons of the cryptocurrency industry.

Documents published last week by the US Department of Justice reveal Epstein bankrolled the principal home and funding source" for bitcoin, the world's largest cryptocurrency, during its nascent stages; he also invested $3m in Coinbase in 2014, the largest cryptocurrency exchange in the US, and cut a check that same year to Blockstream, a prominent bitcoin-focused technology firm. Both crypto startups accepted Epstein's investments in 2014 - six years after his 2008 conviction in Florida for soliciting prostitution from a minor.

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