The Epstein files revive an old Bitcoin question: Who really created BTC?

ambcryptoPublished on 2026-02-02Last updated on 2026-02-02

Abstract

The release of the Epstein files, including 3.5 million pages of records, revealed his 2016 attempt to broker a deal involving a proposed Middle Eastern fiat currency called "the Sharia," which included a blockchain-based digital version. Epstein claimed to be in contact with the "founders of Bitcoin," using the plural term and reigniting speculation about Bitcoin's creation. The files also show Epstein donated $525,000 to MIT’s Digital Currency Initiative, which funded Bitcoin Core developers. Despite his efforts to position himself as influential in crypto circles, the open-source and decentralized nature of Bitcoin prevents any single entity from controlling it. The episode underscores how emerging technologies attract power-seeking figures but remain resistant to centralized manipulation.

The release of the Epstein files on the 30th of January has sent shockwaves through the financial and tech worlds.

Under the Epstein Files Transparency Act, the Department of Justice (DOJ) published a staggering 3.5 million pages of records, providing a sneak peek into how Jeffrey Epstein maintained a shadow network of influence long after his 2008 conviction.

Among the most bizarre revelations are his 2016 a ttempts to broker a deal involving the “founders of Bitcoin” and a new Middle Eastern currency.

The Sharia currency attempt

Deep within the DOJ dump, specifically in “Data Set 9”, investigators found a series of emails from October 2016.

In these messages, Epstein pitched a financial project to Saudi Arabian royals and high-level financiers.

He proposed a fiat currency called “the Sharia,” designed for internal use within the Muslim world.

The proposal was of a physical currency stamped with “In God We Trust,” mimicking the U.S. Dollar but tailored to Islamic religious sensibilities.

However, the shocking twist was the backend technology.

Epstein suggested a digital version of this currency powered by blockchain, claiming he was in direct contact with the “founders of Bitcoin” who were very excited about the project.

Multiple Satoshi theory

Additionally, Epstein’s use of the plural “founders” has reignited the long-running debate over the identity of Satoshi Nakamoto.

For years, crypto enthusiasts have argued that Bitcoin [BTC] may have been created by a group rather than a single individual.

Although Epstein’s emails offer no definitive proof, they show that he actively tried to position himself as a gatekeeper to the anonymous creators of the world’s largest cryptocurrency.

Beyond the sensational emails, the files also reveal how Epstein sought to exert influence in more concrete ways.

Between 2013 and 2017, he donated approximately $525,000 to the MIT Media Lab, directing the funds toward the Digital Currency Initiative (DCI).

After the Bitcoin Foundation collapsed in 2014, the DCI became the primary paymaster for several Bitcoin Core developers.

While Epstein never controlled Bitcoin’s decentralized code, the records make that clear.

They also show that he operated within institutional circles where key discussions about the technology’s future were taking place.

Is crypto in danger?

Yet, the breather here is that despite the alarming headlines, crypto faces no real threat.

The 2026 DOJ release highlights Epstein’s exaggerated sense of influence rather than any genuine flaw in blockchain technology.

Needless to say, Bitcoin operates as an open-source system wherein thousands of independent developers actively review and maintain it.

This structure prevents any single donor, regardless of wealth or notoriety, from secretly altering the code or installing a backdoor.

Thus, the episode shows how power-seeking figures often try to attach themselves to emerging technologies, only to learn they cannot control them.


Final Thoughts

  • Claims of knowing Bitcoin’s creators matter less than why such claims carried value in elite financial circles.
  • The failed “Sharia” currency shows how people often misunderstand what new technologies are really designed to do.

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Related Questions

QWhat did the Epstein files reveal about his involvement with cryptocurrency and the 'founders of Bitcoin'?

AThe files revealed that in 2016, Epstein attempted to broker a deal involving the 'founders of Bitcoin' to create a new digital currency called 'the Sharia' for the Muslim world, and he claimed to be in direct contact with them.

QWhat was the name of the proposed currency Epstein pitched to Saudi Arabian royals, and what was its intended purpose?

AEpstein proposed a fiat currency called 'the Sharia,' which was a physical currency stamped with 'In God We Trust' and designed for internal use within the Muslim world, with a digital version powered by blockchain technology.

QHow did Epstein's use of the word 'founders' (plural) impact the debate around Bitcoin's creation?

AHis use of the plural 'founders' reignited the long-running debate over whether Bitcoin was created by a group of people rather than a single individual, Satoshi Nakamoto.

QWhat financial connection did Epstein have with the MIT Media Lab, and how was it related to cryptocurrency?

ABetween 2013 and 2017, Epstein donated approximately $525,000 to the MIT Media Lab, directing the funds to the Digital Currency Initiative (DCI), which became the primary paymaster for several Bitcoin Core developers after the Bitcoin Foundation collapsed.

QAccording to the article, why does the Epstein revelation not pose a real threat to Bitcoin or cryptocurrency?

ABitcoin operates as an open-source system maintained by thousands of independent developers, which prevents any single individual or donor from secretly altering the code or controlling the technology, highlighting that Epstein's influence was exaggerated.

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