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crime12h ago
Jeffrey Epstein Invested in Bitcoin Firm Blockstream, Invited Founder Adam Back to Island - Decrypt
- Epstein invested in Blockstream during its 2014 seed round, via Joi Ito's fund.
- Back says the investment was divested within months due to conflict of interest concerns.
- Epstein invited Adam Back and Austin Hill to visit his private island after the Blockstream investment.
- Back and Joi Ito stated Blockstream had no direct or indirect financial connection with Epstein after the divestment.
- Ito admitted meeting Epstein in 2013 while fundraising for the MIT Media Lab.
- DOJ release notes Epstein's broader pattern of engaging with tech investors and crypto figures.
- Back stated that Epstein’s investment was facilitated by Joi Ito, who ran the MIT fund.
- Epstein's island visit plans, if realized, would form part of a controversial pattern around guests and victims.
- "There’s no publicly available information that indicates Iozzo personally invested in Blockstream" and related notes about investors.
- The DOJ documents also reference Epstein's earlier involvement with other crypto entities and ventures.
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