Epstein’s emails from the 2010s document conversations with Gensler. $XRP/$XLM Funding links for BET, CBDC and stablecoins.
summary
- Emails from 2018 show that Mr. Epstein asked Mr. Gensler to discuss cryptocurrencies and briefed Mr. Summers on early digital currency discussions.
- Records show he invested about $3 million in Coinbase, as well as some speculative exposure. $XRP, $XLMCircle and early stablecoin structures associated with Brock Pierce.
- The report mentions funding for MIT-related CBDC pilots and private crypto ventures, as crypto policy circles were still in their infancy.
Newly released documents in the Jeffrey Epstein case include discussions of cryptocurrency policy and references to communications involving Gary Gensler, according to a report released this week.
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The documents reportedly include emails dated 2018 that refer to conversations between Epstein and individuals involved in policy and academic circles in the crypto space. Gensler, who later served as chairman of the Securities and Exchange Commission, is also mentioned in the document.
The files reportedly include correspondence suggesting that Mr. Epstein discussed setting up a meeting with Mr. Gensler on the topic of cryptocurrencies. Documents show a 2018 email in which Epstein told former U.S. Treasury Secretary Lawrence Summers that Gensler had arrived early for cryptocurrency-related discussions. Summers reportedly replied that he knew Gensler and considered him intelligent.
According to available reports, no documents released so far establish a direct relationship between Epstein and any specific cryptocurrency decisions or projects. But records show Epstein invested millions of dollars in early cryptocurrency ventures, including about $3 million in Coinbase in 2014, the report said.
Some emails are reported to have been viewed $XRP According to observers, the documents do not provide clear support, but have led to speculation about possible investments in these projects.
Additional claims in the report suggest that Mr. Epstein funded the U.S. central bank’s digital currency pilot program through MIT and certain Federal Reserve banks. During that time, Gensler taught at MIT, worked in academic policy circles, and then worked in government, where he participated in the development of U.S. cryptocurrency regulations.
The report also indicates that Epstein sought early stablecoin-related investments, including Circle, through connections connected to Brock Pierce. According to correspondence records, Mr. Pierce reportedly asked Mr. Epstein for help in contacting Mr. Lawrence Summers.
Analysts who reviewed the documents say the documents suggest that Epstein maintained investments in private cryptocurrency ventures while maintaining ties to academic and policy circles involved in digital currency regulation. The timing of these connections is notable as they occurred before mainstream adoption of the cryptocurrency market.
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