The newly released Epstein files reveal that Jeffrey Epstein invested $3 million in the Coinbase platform in 2014.

The emails show that Fred Ehrsam, the co-founder of the platform, was aware that the funds were placed on behalf of Epstein.

The files stated that the deal was arranged by the co-founder of Tether, Brock Pierce, and Blockchain Capital at a $400 million valuation for the platform.