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DOJ-released emails suggest Epstein made $3.2M Coinbase investment in 2014

The Cointelegraph β€‹

Cryptocoins News / The Cointelegraph β€‹ 167 Views

DOJ-released emails suggest Epstein made $3.2M Coinbase investment in 2014

Jeffrey Epstein may have made a $3.2 million investment in Coinbase in 2014 and sold some of it for $15 million in 2018, according to the latest batch of released emails.

Newly released US Justice Department emails suggest Jeffrey Epstein, the late financier and convicted sex offender, gained exposure to early cryptocurrency venture investments through intermediaries, including a reported stake in Coinbase.

Epstein may have invested $3.25 million into cryptocurrency exchange Coinbase back in 2014, according to files released by the US Department of Justice (DOJ).

The emails suggest an entity linked to Epstein acquired 195,910 Series C shares for a total of $3.25 million when Coinbase was valued at $400 million.Β 

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