PANews
PANews|Feb 03, 2026 03:50
[Epstein Invested $3 Million in Coinbase Through IGO in 2014] According to newly disclosed emails from the U.S. Department of Justice, the late sex offender Jeffrey Epstein invested $3 million in Coinbase's Series C funding round in 2014 through his entity, IGO Company LLC, when Coinbase was valued at $400 million. The emails indicate that Coinbase co-founder Fred Ehrsam was aware of the investment and had planned to meet with Epstein to discuss related matters. The investment was facilitated by Tether co-founder Brock Pierce and his venture capital firm Blockchain Capital. Although Blockchain Capital stated it did not directly accept Epstein's investment, Department of Justice documents show that this Coinbase equity purchase was explicitly recorded in Epstein's asset list. It is worth noting that Epstein was convicted of sex crimes in 2008 and became a registered sex offender, which has drawn widespread attention to his investment activities. Currently, Coinbase's market value has reached $51 billion. Neither Coinbase nor related parties have responded to this matter. Previously, Blockstream's CEO clarified that there were no financial ties with Epstein.
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