- Newly released emails show Jeffrey Epstein helped fund MITās Digital Currency Initiative, which supported Bitcoin Core development.
- The documents also confirm that Leon Black donated to MITās Media Lab through Epstein-directed channels.
- The revelations reshape part of Bitcoinās early institutional funding history and highlight long-hidden influence from controversial donors.
Newly unsealed emails from theĀ House Oversight CommitteeĀ have shed fresh light onĀ Jeffrey Epsteinās hidden financial influence inside MITās Media Lab ā and more importantly, how some of that money flowed into Bitcoin Core development. The correspondence reveals that Joichi Ito, then-director of the MIT Media Lab, relied on Epstein-connected āgift fundsā to rapidly launch the Digital Currency Initiative (DCI) in 2015, the research hub that became one of the primary sources of funding for Bitcoinās core developers.

Emails Show Epstein-Connected Money Helped Launch MITās Digital Currency Initiative
In the newly surfaced emails, Ito directly thanked Epstein for the financial help that allowed MIT to āmove quickly and win this round,ā referring to the formation of DCI ā a program explicitly designed to provide long-term support for Bitcoin Core contributors after the collapse of theĀ BitcoinĀ Foundation. Itoās forwarded message to Epstein described how the foundationās implosion left core developers without stable funding, creating an opening for MIT to bring them under its umbrella.
He explained that three major developers ā including Wladimir van der Laan and Cory Fields ā agreed to join MIT, calling it āa big win for us.ā The email also highlighted early support from prominent academics, including cryptographer Ron Rivest and IMF economist Simon Johnson. Epstein simply replied: āgavin is clever.ā
Funding Numbers Reveal a Much Larger Financial Trail
MIT publicly claimed thatĀ EpsteinĀ donated $850,000 to the institution, with $525,000 flowing to the Media Lab. But journalist Ronan Farrow later reported the true figure was closer to $7.5 million ā including a $5 million anonymous donation connected to Epstein associate Leon Black. The new emails appear to confirm that Black not only donated, but did so through Epsteinās direction.
One email from Ito to Epstein reads: āWe were able to keep the Leon Black money, but the $25K from your foundation is getting bounced by MIT back to ASU.ā
Ā
Epstein responded: āNo problem ā trying to get more black for you.ā
The documents reveal Epsteinās influence reached deeper into Bitcoin circles than previously acknowledged, even including early conversations with Brock Pierce ā another figure with documented ties to both Epstein and controversy surrounding earlyĀ cryptoĀ foundations.

MITās Internal Concerns and the Fallout
The emails also expose MITās internal unease around anonymous or reputationally risky donations. After theĀ scandal broke, Ito resigned in 2019. MIT later tightened donation policies, warning that āeverything becomes publicā eventually ā a statement that now seems prophetic given this weekās disclosures.
Developers like Wladimir van der Laan say they were unaware of the extent of Epsteinās involvement and noted that DCIās funding transparency āwas not great back in the day.ā The Media Lab and DCI declined to comment.

š Donations Accepted š
If you find value in my content, consider showing your support via:
š³ Stripe:
1) or visit http://thedinarian.locals.com/donate
š³ PayPal:Ā
2) Simply scan the QR code below š² or visit HERE:Ā

š Crypto Donationsš
XRP: r9pid4yrQgs6XSFWhMZ8NkxW3gkydWNyQX
XLM: GDMJF2OCHN3NNNX4T4F6POPBTXK23GTNSNQWUMIVKESTHMQM7XDYAIZT
XDC: xdcc2C02203C4f91375889d7AfADB09E207Edf809A6

