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Newly released emails and a Trump-ordered investigation have thrust billionaire LinkedIn co-founder Reid Hoffman into the Epstein firestorm

by FeeOnlyNews.com
3 months ago
in Business
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Newly released emails and a Trump-ordered investigation have thrust billionaire LinkedIn co-founder Reid Hoffman into the Epstein firestorm
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Reid Hoffman has spent years trying to distance himself from Jeffrey Epstein, having apologized repeatedly for his former ties to the disgraced financier. Now, the LinkedIn cofounder and prominent Democratic donor has been thrown into a widening political storm—one fueled by the release of emails between him and Epstein in the late 2010s and President Donald Trump’s efforts to scrutinize Democrats named in the Epstein files after newly released documents revealed seemingly extensive ties between Epstein and Trump that appear to challenge the president’s account of their relationship. 

Trump has emphatically and consistently denied any wrongdoing, knowledge of Epstein’s sex-trafficking operation, or involvement with the allegations mentioned in newly released emails

The controversy has escalated rapidly in recent days, as Trump ordered a Justice Department investigation into Hoffman, several other high-profile figures, and institutions like JPMorgan Chase, and then abruptly reversed his stance and spoke out in favor of releasing the full trove of Epstein files. Attorney General Pam Bondi confirmed on Nov. 13 that she would launch the probe. The move was widely interpreted as a political counteroffensive designed to deflect attention from Trump’s own ties to Epstein—ties that the 20,000 newly released documents described in detail.

Bondi has attempted to further connect Hoffman to Epstein in the past. During her contentious Senate Judiciary Committee testimony on October 7, she repeatedly invoked Hoffman’s name when questioned about Epstein and Trump and called him “one of Epstein’s closest confidants.” Hoffman has repeatedly denied any such allegations.

On November 14, Hoffman hit back, taking to X to demand “Trump should release all of the Epstein files: every person and every document in the files.” The LinkedIn co-founder accused Trump’s probe of being “nothing more than political persecution and slander” and claimed he was never a client of Epstein’s nor did he engage with him in any capacity other than fundraising.

In a Sunday evening Truth Social post, however, the president doubled down. He said calls to release the entire cache of Epstein files were a “Democrat Hoax” and declared, “The Department of Justice has already turned over tens of thousands of pages to the Public on ‘Epstein,’ are looking at various Democrat operatives (Bill Clinton, Reid Hoffman, Larry Summers, etc.) and their relationship to Epstein, and the House Oversight Committee can have whatever they are legally entitled to, I DON’T CARE!”

A White House spokesperson reiterated some of Trump’s claims, telling Fortune, “By releasing tens of thousands of pages of documents, cooperating with the House Oversight Committee’s subpoena request, and President Trump recently calling for further investigations into Epstein’s Democrat friends, the Trump Administration has done more for the victims than Democrats ever have. The Democrat Party did nothing about Epstein for years; they are only pretending to care about these victims now as they attempt to score political points against President Trump.”

Hoffman did not respond to a Fortune request for comment regarding his ties to Epstein. JPMorgan Chase, Clinton, and Summers also did not respond to Fortune’s requests for comment.

Summers apologized for his relationship with Epstein in a statement to the Harvard Crimson, writing, “I have great regrets in my life. As I have said before, my association with Jeffrey Epstein was a major error of judgement.” 

A spokesperson for Clinton refuted the Trump administration’s claims in a post on X. “These emails prove Bill Clinton did nothing and knew nothing. The rest is noise meant to distract from election losses, backfiring shutdowns, and who knows what else,” they wrote.

JPMorgan Chase, which previously settled a multi-million-dollar lawsuit with Epstein victims, responded to Trump’s probe in a statement to CNN: “The government had information about his crimes and failed to share it with us or other banks. We regret any association we had with the man, but did not help him commit his heinous acts. We ended our relationship with him years before his arrest on sex trafficking charges.” (The bank did, however, continue to bank Epstein even after his 2008 solicitation of a minor conviction, working with him until 2013.)

When Hoffman met Epstein

The relationship between Hoffman and Epstein began through Joi Ito, who served as director of the MIT Media Lab. According to multiple reports, Hoffman first encountered Epstein when he helped solicit donations for the MIT Media Lab from the convicted sex offender. In July 2013, Epstein met with Hoffman and others at MIT’s campus. At this time, Epstein was already a registered sex offender, following his 2008 guilty plea to soliciting prostitution from a minor in Florida.​

Hoffman then visited Epstein’s private island, Little St. James, in 2014, according to the Wall Street Journal. Ito was also present during this trip, which was described as being for the purpose of raising funds for MIT. According to Ito’s statement to the Journal, Hoffman participated in a “fundraising event” on the island “at my request.” Documents also indicated that Hoffman and Ito were planning another visit to Epstein’s island later in 2014, with plans to travel from Palm Beach to the island for a weekend and then onward to Boston.​

Documents obtained by the Journal in 2023 also note that Hoffman planned to stay overnight at Epstein’s Manhattan townhouse on December 4, 2014, followed by a “breakfast party” the next morning that was expected to include both Epstein and Bill Gates. Whether this visit actually occurred remains unclear.​

The last known in-person meeting between Epstein and Hoffman occurred in 2015, when Hoffman hosted a dinner attended by Epstein along with several Silicon Valley luminaries, including Elon Musk, Mark Zuckerberg, and Peter Thiel. Hoffman has stated that he invited Epstein to this gathering based on assurances from Joi Ito that Epstein had been vetted and cleared by MIT’s approval process. 

In 2023, Hoffman claimed the 2015 dinner was the last time he interacted with Epstein. Unsealed emails reviewed by Fortune, however, show that Epstein wrote to Hoffman at least once in 2017. This correspondence appears to be related to potential fundraising efforts intended to offset cuts Trump wanted to make to federal spending in his first term in office. 

In an email to Hoffman dated March 16, 2017 and reproduced here with the original typos and other errors, Epstein says, “a HUGE donor advised fund is an elegant solution to the cuts trump proposes to what some consider critical programs. you could organzie a huge public charity that would continue the work of many worthwhile orgs. not my thing but structurally beautiful. its the wealthiest now stepping into a quasi govt funding. national endowment for arts. climate science, as extraordinary amounts of wealth have moved into private hands. elons and jeff space goals should be mirrored with many other former govt ones. hope to see you soon.”

The newly released emails do not show whether Hoffman ever replied.

Epstein died by suicide in a New York jail while awaiting trial on further sex trafficking charges in 2019.

MIT’s external investigation report, released in January 2020, also described Hoffman’s timeline. The report revealed that in July 2016, Ito sought advice from Hoffman about whether to allow Epstein to attend a Media Lab conference with “lots of people” who may “see him and maybe know he’s involved.” The report did not disclose whether Hoffman offered any advice or what it was.​

While Elon Musk accused Hoffman of being a client of Epstein’s in 2024, no evidence of that genre of relationship has actually emerged. Hoffman has also vehemently denied any such characterization. 

Hoffman has issued several public apologies and statements regarding his interactions with Epstein. After scandal over MIT’s Epstein connections erupted publicly in September 2019, Hoffman apologized in a statement to Axios: “By agreeing to participate in any fundraising activity where Epstein was present, I helped to repair his reputation and perpetuate injustice. For this, I am deeply regretful.” He reiterated this position in 2023 to the Journal, stating, “It gnaws at me that, by lending my association, I helped his reputation, and thus delayed justice for his survivors.”

On Tuesday, the House of Representatives is expected to vote on a measure that would compel the DOJ to make all Epstein files publicly available “in a searchable and downloadable format” within 30 days.



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