- Newly released emails show Jeffrey Epstein helped fund MITâs Digital Currency Initiative, which supported Bitcoin Core development.
- The documents also confirm that Leon Black donated to MITâs Media Lab through Epstein-directed channels.
- The revelations reshape part of Bitcoinâs early institutional funding history and highlight long-hidden influence from controversial donors.
Newly unsealed emails from the House Oversight Committee have shed fresh light on Jeffrey Epsteinâs hidden financial influence inside MITâs Media Lab â 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 âgift fundsâ to rapidly launch the Digital Currency Initiative (DCI) in 2015, the research hub that became one of the primary sources of funding for Bitcoinâs core developers.

Emails Show Epstein-Connected Money Helped Launch MITâs Digital Currency Initiative
In the newly surfaced emails, Ito directly thanked Epstein for the financial help that allowed MIT to âmove quickly and win this round,â referring to the formation of DCI â a program explicitly designed to provide long-term support for Bitcoin Core contributors after the collapse of the Bitcoin Foundation. Itoâs forwarded message to Epstein described how the foundationâs implosion left core developers without stable funding, creating an opening for MIT to bring them under its umbrella.
He explained that three major developers â including Wladimir van der Laan and Cory Fields â agreed to join MIT, calling it âa big win for us.â The email also highlighted early support from prominent academics, including cryptographer Ron Rivest and IMF economist Simon Johnson. Epstein simply replied: âgavin is clever.â
Funding Numbers Reveal a Much Larger Financial Trail
MIT publicly claimed that Epstein 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 â 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 Epsteinâs direction.
One email from Ito to Epstein reads: âWe were able to keep the Leon Black money, but the $25K from your foundation is getting bounced by MIT back to ASU.â
Â
Epstein responded: âNo problem â trying to get more black for you.â
The documents reveal Epsteinâs influence reached deeper into Bitcoin circles than previously acknowledged, even including early conversations with Brock Pierce â another figure with documented ties to both Epstein and controversy surrounding early crypto foundations.

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

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

đ Crypto Donationsđ
XRP: r9pid4yrQgs6XSFWhMZ8NkxW3gkydWNyQX
XLM: GDMJF2OCHN3NNNX4T4F6POPBTXK23GTNSNQWUMIVKESTHMQM7XDYAIZT
XDC: xdcc2C02203C4f91375889d7AfADB09E207Edf809A6

