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Epstein files reveal he wanted crypto to be taxed

Convicted sex offender Jeffrey Epstein expressed concerns about United States cryptocurrency tax policy toward the end of his life, according to newly released emails dated February 2018.

The emails show Epstein discussing the treatment of digital assets such as Bitcoin (BTC) and pushing for clearer taxation rules. In one exchange, he urged former White House chief strategist Steve Bannon to engage with officials on crypto policy at the Department of the Treasury.

Bannon briefly served in the Trump administration in 2017 during Donald Trump's first presidential term.

Related: Smartest man alive has a shocking Bitcoin prediction

In the email chain, Epstein asked Bannon: "Will [T]reasury respond to you re: crypto or do we need another way in for advice."

Bannon responded that it was the National Security Council — not the Treasury — that was handling concerns related to digital assets at the time.

"Understood," Epstein said.

"But there is an office of terrorism finance at [T]reasury that has thought about tax."

Epstein also suggested that Treasury should create a voluntary disclosure program allowing Americans to report realized crypto gains, saying such a measure would "f**k all the bad guys," according to the emails.

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Jeffrey Epstein on Facebook's Libra stablecoin project

The newly surfaced documents also show Epstein commenting on Facebook's proposed Libra stablecoin in 2019.

In an email to an associate, Epstein argued that "Libra is not a currency!! It is money… not the same," warning that the project could create risks if "the wrong kind of people" gained access.

Facebook announced Libra in June 2019. The initiative later rebranded as Diem before ultimately being abandoned.

Epstein got arrested for sex trafficking within a fortnight of the above conversation. Nonetheless, the Libra stablecoin project never quite took off.

Epstein was arrested on federal sex-trafficking charges less than two weeks after the email exchange. The former financier, who had previously been convicted in 2008 on state charges of soliciting a minor, died by suicide in a Manhattan jail in July 2019. His connections to political figures, business leaders and public personalities continue to attract scrutiny in the United States.

This story was originally reported by TheStreet on Nov 17, 2025, where it first appeared in the Policy section. Add TheStreet as a Preferred Source by clicking here.

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