TechFlow News, February 2: According to BeInCrypto, Jeffrey Epstein maintained unexpectedly close ties with cryptocurrency founders, investors, and projects during the industry’s early stages. Newly unsealed Epstein documents reveal that Epstein participated in the seed funding round of Bitcoin infrastructure company Blockstream, which raised a total of $18 million; his investment increased from $50,000 to $500,000.
Additionally, in 2011, he described Bitcoin as “clever” but noted serious flaws; in 2014, he discussed Bitcoin’s definition with Peter Thiel; in 2016, he proposed to a Saudi royal advisor the creation of an Islamic cryptocurrency; and in 2017, he explicitly stated Bitcoin was “not worth buying.”
The documents also show that Michael Saylor, CEO of MicroStrategy, and Kevin Warsh, nominee for Federal Reserve Chair, both appeared within Epstein’s social circle. Investigators found no evidence that Epstein used cryptocurrency for illegal activities.
