Nick Szabo designed Bit Gold, the direct technological precursor to Bitcoin.
Crypto consultants reject rumors linking the genesis of the community to Wall Road.
Nick Szabo, computing pioneer and frequent candidate to be behind the id of Satoshi Nakamoto, categorically denied any involvement of Jeffrey Epstein within the creation of Bitcoin. The knowledgeable revealed his response on February 5, 2026 after rising doubts that arose on social networks.
Szabo, in a publication on his X this January 5, described the hyperlink as a “actually idiotic concept” in his public assertion. The developer defined that Epstein He accrued his fortune by Ponzi schemes primarily based on fiat cash. Nick Szabo maintained that the financier labored solely by conventional financial institution loans.
The pc scientist claimed that Epstein and his monetary companions Lex Wexner and Leon Black had been “conventional finance folks by and thru.” In line with Szabo, these figures sought solely earnings by leverage and the acquisition of standard securities. The writer emphasised that these actors didn’t need a completely different sort of cash than the system they already exploited.
“They (Wexner and Black) and most different folks on Wall Road ended up getting considering cryptocurrencies, with out even actually understanding them.”
Nick Zsabo, cryptographer and creator of Bit Gold.
These statements reply to the current large leak of greater than 6 million paperwork associated to Epstein in January 2026. The recordsdata detailed the advanced community of financing that Epstein funneled to the MIT Media Lab by Joi Ito, the middle’s director on the time, who was later fired for receiving $1.9 million from Epstein.
The data reactivated theories about an alleged affect of the tycoon on the early growth of the Bitcoin protocol.
Szabo concluded that Wall Road’s curiosity in Bitcoin emerged late because of its speedy monetary appreciation. The creator of Bit Gold pressured that bankers typically change into within the sector with out actually understanding its expertise. This technical protection seeks to separate the genesis of Bitcoin from New York’s networks of monetary affect.
Adam Again Blockstream in the midst of the controversy
The controversy has affected vital actors within the ecosystem. After reviewing leaked emails, Adam Again’s firm, Blockstream, got here to mild, involving Joi Ito. In 2014, Epstein was listed as a companion in managed funds by the then director of MIT, as reported by CriptoNoticias.
Adam Again, CEO de Blockstream, categorically denied any present relationship between his firm and Jeffrey Epstein. The supervisor clarified that the shares linked to Ito’s fund had been divested shortly after because of conflicts of curiosity. Again emphasised that these speculations distort the truth of investor conferences that occurred greater than a decade in the past.
