Bought and paid for

Newly released Epstein files show numerous crypto figures corresponded with Jeffrey Epstein, including Tether co-founder Brock Pierce, whose emails with Epstein went well beyond the "few communications" his spokesperson had earlier described. Epstein invested $3 million in Coinbase's series C, and emails show he also invested in Blockstream in 2014 through a fund associated with Joi Ito. Elsewhere, Bitcoin has fallen 50% from its October highs, Gemini laid off 25% of its workforce, and the administrator winding down Terraform Labs sued Jane Street over alleged misuse of insider information.