Emails recently released by the U.S. Department of Justice reveal that Jeffrey Epstein invested approximately $3 million in Coinbase in 2014 through his entity, IGO Company LLC, participating in the company's Series C funding round, which valued it at approximately $400 million at the time. The emails show that Coinbase co-founder Fred Ehrsam was aware of the investment and expressed a desire to meet with Epstein to discuss the arrangements. This 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 rather completed the transaction directly through a personal entity. The Department of Justice's asset list also shows that Epstein had a $3.001 million asset record for "purchasing Coinbase" at the end of 2014. Related emails also show that Epstein sold half of his Coinbase stake to Blockchain Capital in 2018, cashing out approximately $15 million. Furthermore, the documents indicate that Epstein made an early investment in Blockstream. The report states that, as of now, Coinbase, Fred Ehrsam, and Brock Pierce have not issued any further public statements regarding this matter. (Decrypt)