Blockstream, Michael Saylor Linked in Unsealed Epstein Documents
Newly unsealed U.S. Department of Justice records related to Jeffrey Epstein include references to Blockstream executives and MicroStrategy co-founder Michael Saylor. The documents, part of a broader transparency initiative, reveal email exchanges involving Blockstream's 2014 funding round and a charitable contribution by Saylor.
One July 2014 email shows Blockstream co-founder Austin Hill discussing an oversubscribed $18 million seed round with Epstein and Joi Ito, then-director of the MIT Media Lab. Hill proposed increasing an investment allocation from $50,000 to $500,000. Blockstream CEO Adam Back later clarified the connection stemmed from a routine investor roadshow.
The DOJ emphasizes that mere inclusion in these documents does not imply wrongdoing. The records span finance, tech, and academia, with names appearing in travel logs, emails, and transaction records.