Epstein II
The Development of a Digital Currency

"On 2 April 2016, he [Epstein] emailed Peter Thiel: ‘larry summers is now on board with re thinking the financial system, digital currency etc. he will join with us in concocting a plan. fun’. Two weeks later, he sent Summers a detailed specification for tokenised digital currency. Summers replied within hours28: ‘Got it. If I can't get current regime fixed I will fix’.

In August 2016, Epstein emailed a Saudi contact29: ‘saudi can have its own digital currency and lead the world’. By October, he had elaborated the proposal into two currencies: a physical ‘Sharia’ currency for internal Muslim use and a Sharia-compliant digital currency modelled on Bitcoin’s architecture. ‘I have spoken to some of the founders of Bitcoin who are very excited’, he wrote30. The concept integrated Islamic finance principles with programmable money.

Then, immediately34: ‘Mongolian digital Currency. . It will get a lot of world attention and bring excitement’. He suggested a name: ‘Some might want to call it GENGHIS COIN’.

Over the following days, Epstein educated Ganbat on the technical architecture. ‘Not bit coin, you need your own. using the same architecture ie block chain... look at Z cash for example’35. The core argument36: ‘if mongolia would issue a new coin it would be the first real currency.... as a real currency MUST be backed by a sovereign’.

The same week, Epstein told Sultan Bin Sulayem — Chairman of DP World, one of the largest port and logistics operators in the world — that Mongolia had asked him to create their digital currency, then suggested Dubai should do it instead. ‘Bitcoin has no sovereign guarantee, nor do any of the others. it cant be a ‘currency’’37. Bin Sulayem replied the same day38: ‘I agree let’s discuss I am very interested in digital currency’. Within three days, he was volunteering DP World — eighty per cent owned by the Dubai government — as the issuance vehicle and telling Epstein he would bring the proposal to Sheikh Mohammed bin Rashid Al Maktoum, the Ruler of Dubai.

The framing across all the pitches was identical: decentralised cryptocurrency lacks sovereign backing and cannot function as real currency; state-issued digital currency solves this; whoever moves first sets the standard. The argument the Bank for International Settlements has made in every report since 2018 distinguishing central bank digital currencies from private cryptocurrencies — Epstein was making it two years before the BIS Innovation Hub existed...

...A month later, in September 2014, Vincenzo Iozzo sent Joi Ito a detailed two-phase plan — copied to Epstein — for building a traceable digital currency.

Peter Thiel’s relationship with Epstein began at least by 2012. By April 2016, Epstein was telling him that Summers was ‘on board’ to ‘join with us in concocting a plan’ for digital currency64. In May 2017656667, Thiel told Epstein he would be in Israel June 12-15 and asked: ‘who should I meet in ME?’ Epstein gave him the full sovereign routing: ‘sheik mohammed and sultan sulleman in dubai, MBS in saudi.. Hamad bin Jassem in qatar’. For Israel: ‘you might want to see Ehud Barak’. For India: ‘you should meet anil ambani’.

Kevin Warsh — Trump’s nominee for Federal Reserve Chairman70 — appeared on Epstein’s guest list for a 2010 St. Barts Christmas party71. In 2018, Warsh published a Wall Street Journal op-ed proposing a Federal Reserve digital currency, arguing the Fed ‘might prudently consider introducing its own digital currency’72. He has since advocated for a ‘wholesale digital dollar’ to counter China’s digital yuan. "

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After being called out by Thomas Massie, the DoJ unredacted Leslie Wexner as a co-conspirator.

Thomas Massie:

This is significant because Kash Patel testified to Congress that FBI had no evidence of other sex traffickers. This is FBI’s own 2019 document listing Wexner as coconspirator in child sex trafficking. It wasn’t unredacted until tonight.

US Commerce Secretary Howard Lutnick has confirmed he visited Jeffrey Epstein's island in 2012, contradicting previous claims that he had cut ties with the sex offender years earlier, before he was convicted.

"I did have lunch with him as I was on a boat going across on a family vacation," Lutnick testified on Capitol Hill on Tuesday. "My wife was with me, as were my four children and nannies … We had lunch on the island. That is true. For an hour."