Jeffrey Epstein's Crypto Files Raise Questions Over Unethical Business Practices
A recent batch of documents from the US Department of Justice has shed new light on Jeffrey Epstein's involvement in the cryptocurrency industry. The files reveal that Epstein had direct and indirect investments in several key startups, including Coinbase and Blockstream.
However, it is Epstein's views on crypto token pumps that have raised eyebrows among observers. According to emails exchanged with prominent figures in the industry, Epstein expressed concerns over profiting from these practices, citing potential risks of bad publicity.
"This is a dangerous game," Epstein told Bitcoin developer Jeremy Rubin at one point. "Their deal is to pump the currency, it's not safe."
Epstein's misgivings about crypto token pumps have been interpreted as a sign that even high-profile figures in the industry were starting to question the ethics of profiting from hype-driven price increases.
One email exchange with All-In Podcast co-host Jason Calacanis highlights Epstein's efforts to establish connections with influential figures in the cryptocurrency space. However, Calacanis' own response has raised questions over his involvement with Epstein, as he claimed to have only known the financier in the 1990s despite reportedly helping him through the 2000s and 2010s.
The documents also reveal a business arrangement between Epstein and Blockchain Capital co-founder Brock Pierce. While details are unclear, it appears that Epstein was receiving payment from Pierce for his involvement in stablecoin giant Tether.
Meanwhile, Coinbase CEO Brian Armstrong's emails have shown that the exchange was working behind the scenes to influence changes to the Bitcoin protocol during its block size debate. However, this has led some to accuse Armstrong of attempting to stifle the progress of early idealists.
The latest documents have sparked a heated debate over Epstein's crypto dealings and whether he was simply following the money or genuinely concerned about the ethics of profiting from hype-driven price increases.
A recent batch of documents from the US Department of Justice has shed new light on Jeffrey Epstein's involvement in the cryptocurrency industry. The files reveal that Epstein had direct and indirect investments in several key startups, including Coinbase and Blockstream.
However, it is Epstein's views on crypto token pumps that have raised eyebrows among observers. According to emails exchanged with prominent figures in the industry, Epstein expressed concerns over profiting from these practices, citing potential risks of bad publicity.
"This is a dangerous game," Epstein told Bitcoin developer Jeremy Rubin at one point. "Their deal is to pump the currency, it's not safe."
Epstein's misgivings about crypto token pumps have been interpreted as a sign that even high-profile figures in the industry were starting to question the ethics of profiting from hype-driven price increases.
One email exchange with All-In Podcast co-host Jason Calacanis highlights Epstein's efforts to establish connections with influential figures in the cryptocurrency space. However, Calacanis' own response has raised questions over his involvement with Epstein, as he claimed to have only known the financier in the 1990s despite reportedly helping him through the 2000s and 2010s.
The documents also reveal a business arrangement between Epstein and Blockchain Capital co-founder Brock Pierce. While details are unclear, it appears that Epstein was receiving payment from Pierce for his involvement in stablecoin giant Tether.
Meanwhile, Coinbase CEO Brian Armstrong's emails have shown that the exchange was working behind the scenes to influence changes to the Bitcoin protocol during its block size debate. However, this has led some to accuse Armstrong of attempting to stifle the progress of early idealists.
The latest documents have sparked a heated debate over Epstein's crypto dealings and whether he was simply following the money or genuinely concerned about the ethics of profiting from hype-driven price increases.