Epstein invested $3 million in Coinbase in 2014, according to co-founders of Coinbase.

SmartContractAuditor · 2026-02-03T03:46:00+00:00

The U.S. Department of Justice released emails showing that Jeffrey Epstein invested approximately $3 million through his entity in Coinbase and participated in its Series C funding in 2014. The emails mention that Coinbase co-founders had expressed interest in meeting with Epstein. Epstein later sold half of his stake to Blockchain Capital in 2018. To date, the parties involved have not responded to this matter.

SmartContractAuditor

2026-02-03 03:46:00

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Odaily Planet Daily reports that emails released by the U.S. Department of Justice recently show that Jeffrey Epstein invested approximately $3 million in Coinbase through his entity IGO Company LLC in 2014, participating in a Series C funding round valued at around $400 million at the time.

Correspondence indicates that Coinbase co-founder Fred Ehrsam was aware of the investment and had expressed interest in meeting with Epstein to discuss related arrangements. The investment opportunity was initially facilitated by Tether co-founder Brock Pierce and his venture capital firm Blockchain Capital. Blockchain Capital stated that Epstein did not invest through its fund but completed the transaction directly as an individual entity.

The asset list disclosed by the Department of Justice also shows that Epstein had a record of $3.001 million in assets labeled “Purchase of Coinbase” at the end of 2014. Emails further reveal that in 2018, Epstein sold half of his Coinbase holdings to Blockchain Capital, cashing out approximately $15 million.

Additionally, the documents show that Epstein had previously invested early in crypto by backing Blockstream. Reports indicate that Coinbase, Fred Ehrsam, and Brock Pierce have not made any further public responses regarding this matter. (Decrypt)

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