Crypto M - Crypto News
2.08K subscribers
15.9K photos
194 links
Your #1 destination for the latest and most unbiased market news on Bitcoin, Ethereum, NFT, Fintech, Web3, DeFi, and Blockchain.
Download Telegram
🚀 Epstein's Connections to Early Bitcoin Ecosystem Unveiled

According to Odaily, recent revelations from emails have highlighted Jeffrey Epstein's multiple connections to the early Bitcoin ecosystem.

In terms of financial support, Epstein donated $850,000 to MIT between 2002 and 2017, with some of these funds supporting the MIT Digital Currency Initiative (DCI). During a financial crisis faced by the Bitcoin Foundation, DCI paid salaries to Bitcoin Core developers such as Gavin Andresen and Wladimir van der Laan. Epstein visited MIT nine times, meeting privately with staff, while his identity was kept confidential internally.

Regarding industry connections, email records indicate that Epstein met with Tether co-founder Brock Pierce and former U.S. Treasury Secretary Larry Summers at his Manhattan residence to discuss Bitcoin. Additionally, in 2018, Epstein sought advice from Steve Bannon on cryptocurrency taxation, token transactions, and distribution rules. Bannon subsequently introduced him to FEC experts and seasoned figures in the crypto industry.

Amazon transaction records reveal that Epstein purchased books on Bitcoin, Ethereum, and blockchain in 2017. The disclosed emails suggest that MIT concealed the donations and did not document Epstein's visits. Although there is no evidence of Epstein influencing Bitcoin's development, the information indicates his connections with developers, regulators, politicians, and early investors were more extensive than previously known.


#Epstein #Bitcoin #MIT #DigitalCurrencyInitiative #BitcoinFoundation #GavinAndresen #WladimirVanDerLaan #Tether #BrockPierce #LarrySummers #SteveBannon #cryptocurrency #blockchain #Ethereum #cryptoindustry #FEC #financialsupport #donations #BTC #ETH
🚀 Tether-Linked PAC Makes Initial Expenditure Ahead of 2026 U.S. Midterm Elections

A political action committee associated with Tether, Fellowship PAC, has made its first expenditure ahead of the 2026 U.S. Congressional midterm elections. According to Odaily, the PAC paid approximately $300,000 to Nxum Group, a company co-founded by Bo Hines, to provide advertising services for Republican candidates.

Bo Hines currently serves as the head of Tether's U.S. operations and previously worked as a digital asset policy advisor in U.S. President Donald Trump's administration. Jesse Spiro, the chairman of Fellowship PAC, is also affiliated with Tether US.

Public records indicate that Nxum Group was established by Bo Hines and his partners. This transaction coincides with the PAC's initial expenditure report submission to the U.S. Federal Election Commission (FEC). Although Fellowship PAC has announced plans to invest up to $100 million in support of crypto-friendly candidates, its current account disclosures show nearly zero funds.

Under U.S. campaign finance regulations, political committees can pay affiliated entities for services, provided they adhere to the "fair market price" principle. This has sparked discussions about potential conflicts of interest.

Fellowship PAC has begun targeted advertising and candidate support in Republican elections, positioning itself as a new political influence tool for the crypto industry in the 2026 election cycle. However, questions remain regarding the transparency of its funding sources and operations.


#Tether #FellowshipPAC #2026Midterms #USPolitics #CampaignFinance #CryptoPolitics #BoHines #RepublicanCandidates #PoliticalActionCommittee #ElectionAdvertising #CryptoInfluence #FEC #PoliticalFunding #ConflictOfInterest #NxumGroup