BlockBeats News, February 2nd, according to The Block, Blockstream CEO Adam Back recently issued a statement denying any direct or indirect financial ties between the company and the late financier Jeffrey Epstein or his estate. This statement was released after the U.S. Department of Justice publicly released millions of pages of Epstein-related documents, which showed that Back and co-founder Austin Hill had email exchanges with Epstein.
Back explained that Epstein was a limited partner in a fund that held a minority stake in Blockstream, but has since fully divested. The newly unsealed documents also reveal that Epstein had connections with several figures in the cryptocurrency industry and had proposed creating a digital currency based on Bitcoin technology.
Previously, newly exposed Epstein documents showed that Epstein participated in the seed funding round of Bitcoin infrastructure company Blockstream, which totaled $18 million. Epstein’s investment increased from $50,000 to $500,000.
Disclaimer: The information on this page may come from third parties and does not represent the views or opinions of Gate. The content displayed on this page is for reference only and does not constitute any financial, investment, or legal advice. Gate does not guarantee the accuracy or completeness of the information and shall not be liable for any losses arising from the use of this information. Virtual asset investments carry high risks and are subject to significant price volatility. You may lose all of your invested principal. Please fully understand the relevant risks and make prudent decisions based on your own financial situation and risk tolerance. For details, please refer to
Disclaimer.
Related Articles
Robert Kiyosaki Urges Bitcoin Accumulation Before Bubble Bursts, Predicts BTC 'to the Stars'
Rising fears of a market rupture are pushing investors toward alternative assets, as Robert Kiyosaki warns a fragile financial system could trigger a rapid repricing that sends bitcoin, ethereum, gold, and silver sharply higher.
Robert Kiyosaki Signals
Coinpedia25m ago
Bitcoin Core releases v31.0rc1 test version; the official version will be launched after subsequent testing is completed.
Gate News reported that on March 18, Bitcoin Core released v31.0rc1 release candidate version, which is the next major version following v30.2. The version is currently open for testing, and developers can download binary files and review release notes. The official version is expected to be released after subsequent testing is completed.
GateNews27m ago
Strategy First-ever week utilizing perpetual preferred shares as the primary financing tool, purchasing 22,337 BTC
Strategy announced on March 17 that it raised $1.18 billion through perpetual preferred stock (STRC) financing to purchase 22,337 Bitcoin, marking the fifth-largest acquisition. The STRC financing brought the company's total annual dividend obligations to over $1 billion. Going forward, the company will rely more heavily on STRC to avoid equity dilution, while also considering increasing dividends to support the stock price.
GateNews29m ago
Why Did Bitcoin Fall Today? Iran's Key Leader Dies, Hormuz Strait Faces Blockade Again
Recent reasons for Bitcoin's decline include geopolitical conflict uncertainty triggered by the death of Iranian wartime official Larijani, the blockade of the Strait of Hormuz pushing oil prices above $100, exacerbating inflation pressures and reducing Federal Reserve rate cut expectations, as well as institutional capital withdrawal. On the technical side, $72,000 is an important support level, and a break below could lead to further exploration toward $64,000.
MarketWhisper50m ago
Trader "First Sets 10 Major Targets" Goes Long for $14.668 Million Profit, Then Shifts to Shorting BTC at Opening Price Around $74,200
Gate News reported that on March 18, according to AI Auntie's monitoring, trader "Set 10 Big Goals First" @Jason60704294, who previously profited 14.668 million USD from long positions, reversed direction early morning to short BTC. Currently holding 28.48 BTC, with an estimated entry price of approximately $74,210 USD based on tweet timing. This position was opened on a certain CEX and cannot be tracked to an address or verified through on-chain data.
GateNews52m ago
BlackRock withdrew 2449 BTC from a certain CEX 7 hours ago, worth approximately $182 million
Gate News: On March 18, according to Onchain Lens monitoring, 7 hours ago, BlackRock withdrew 2,449 BTC (worth $181.82 million) from a certain CEX. Over the past two days, BlackRock withdrew 6,167 BTC (worth $456.23 million) from the CEX and deposited 2,267 BTC (worth $166.66 million).
GateNews1h ago
