Blockstream has no financial links to Jeffrey Epstein, Adam Back says

Blockstream CEO and co-founder Adam Back publicly stated that Blockstream has no direct or indirect financial connection to Jeffrey Epstein or his estate, in response to newly surfaced documents from the Epstein files. These documents included 2014 email correspondence where Blockstream co-founder Austin Hill discussed the company's $18 million seed round with Epstein and Joi Ito, noting Epstein's fund invested a minority stake. Back explained that the connection was made through Ito during their investor roadshow, and Epstein's fund later divested its shares due to conflict of interest concerns. However, the documents also mentioned Hill and Back in travel booking confirmations to St. Thomas, which Back did not address. The broader release of Epstein files also revealed his ties to other figures in tech and crypto, including discussions about Bitcoin with Peter Thiel and proposals for new digital currencies.

(Source：The Block)