Event Details

April 25, 2015

Description

The Bitcoin Foundation, which had been paying the core developers, effectively collapsed after a board member declared it 'bankrupt'.

Source Documents (1)

HOUSE_OVERSIGHT_026360.jpg

Email Chain • 1.84 MB
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This document is an April 2015 email from Jeffrey Epstein to MIT Media Lab director Joichi Ito. Ito informs Epstein that 'gift funds,' implicitly from Epstein, were used to hire key Bitcoin core developers (including Gavin Andresen) for the Lab's new Digital Currency Initiative. This move was made possible by the recent collapse of the developers' previous sponsor, the Bitcoin Foundation, representing a 'big win' for the MIT Media Lab.

Event Metadata

Type
Unknown
Location
Unknown
Significance Score
5/10
Participants
0
Source Documents
1
Extracted
2025-11-19 08:19

Additional Data

Source
HOUSE_OVERSIGHT_026360.jpg
Date String
A few weeks before 2015-04-25

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