DOJ emails show Coinbase co-founder discussed meeting Jeffrey Epstein during 2014 investment talks

Newly unsealed Department of Justice documents link Jeffrey Epstein to a $3 million investment in Coinbase's 2014 Series C fundraising round. Emails show that Coinbase co-founder and board member Fred Ehrsam expressed interest in meeting Epstein during the funding discussions, which were facilitated by crypto entrepreneur Brock Pierce, who also had ties to Epstein. Although Epstein's stake was less than 1% and he held no governance role, he invested independently through IGO Company, LLC, separate from Blockchain Capital's intended fund investment, which was reportedly never finalized. Blockchain Capital later attempted to buy back Epstein's stake in 2018, negotiating a sale of 50% of his position at a valuation implying a significant profit for Epstein before his 2019 arrest.

(Source：CoinDesk)