Jeffrey Epstein was a $3M early investor in Coinbase, documents show

Deceased sex offender Jeffrey Epstein was an early investor in Coinbase, according to a Decrypt report citing newly released documents from the U.S. Department of Justice. The files, part of a release of hundreds of thousands of documents related to Epstein, show he invested $3 million in the crypto exchange in 2014. The investment was led by Tether (USDT) co-founder Brock Pierce and his venture capital firm, Blockchain Capital, at a time when Coinbase was valued at $400 million. Released emails also indicate that Coinbase executives were aware of Epstein's status as a convicted felon at the time of the investment.