Investigative Report

Epstein → Caroline County → BlackRock
The Connection Map

18 nodes. 6 connection tiers. The full chain from Jeffrey Epstein's DOJ files through the Wexler/NACO real estate empire, the tech network, Bitmain crypto investments, Piqua/Meta data centers, and into Caroline County data centers — ending at BlackRock's Coravel JV.

View on Connection Map Open Raw Report
18
Nodes
6
Connection Tiers
3.5M
DOJ Files
1,761
Wexler Docs
637
Iozzo Docs
54
Bitmain Docs

EPSTEIN → CAROLINE COUNTY → BLACKROCK

Full Connection Map & Email Content Report

Compiled: August 17, 2026


THE FULL CHAIN — 18 NODES

TIER 1: EPSTEIN CORE

1. Jeffrey Epstein — Central node

  • 3.5M DOJ files released Jan 30, 2026
  • 12,400+ docs on thewebb.io, 1.2M+ pages
  • FBI "co-conspirator" document 2019 names Wexler
  • Invested in: Coinbase ($3M), Blockstream ($500K), attempted Bitmain ($1M)
  • Funneled millions into crypto via Brock Pierce's Crypto Currency Partners
  • Sought to scrub online reputation for $25K (2010)

2. Les Wexler — NACO Co-President / Billionaire Benefactor

  • 1,761 documents in Epstein DOJ files
  • Co-president of NACO with Epstein (1998 Ohio business records)
  • House Democrats: "Wexner gave Epstein about a billion dollars"
  • 6-hour congressional deposition Feb 2026, claimed "no knowledge"
  • NACO leaders helped Epstein design his private island
  • NACO → Piqua Land Company → J5 LLC → Meta ($62.2M, Dec 24 2025)

3. Darren Indyke — Epstein's Lawyer / NES LLC Manager

  • Manager of NES, LLC at 301 East 66th Street, NY
  • Linked to 9 East 71st Street Wexler townhouse
  • Co-executor of Epstein's estate with Richard Kahn
  • Testified "no knowledge whatsoever" of Epstein's sex abuse
  • Sen. Wyden demanded to know why DOJ never questioned Indyke and Kahn

4. Richard Kahn — Epstein's Accountant / Bitmain Facilitator

  • Co-executor of Epstein's estate
  • Loop'd into Bitmain deal Aug 2018, noted Coatue Management investing
  • Coatue Enterprises LLC = shell at Kahn's HBRK Associates address
  • Never interviewed by government

TIER 2: EPSTEIN TECH NETWORK

5. Vincenzo Iozzo — "Personal Hacker" / Bitmain Conduit

  • 637 docs in Epstein files
  • Communicated with Epstein 2014-2018
  • FBI informant Nov 27, 2017: Epstein had "personal hacker" who "had dirt on people"
  • Description matches Iozzo: "Italian citizen born in Calabria, developed zero-day exploits, sold tools to governments, first to hack iPhone and BlackBerry"
  • CrowdStrike acquired his company IperLane 2017
  • Now CEO of SlashID
  • Banned from DEF CON and Black Hat 2026

6. Joichi Ito — MIT Media Lab / Tech Conduit

  • Introduced Iozzo to Epstein May 6, 2014
  • Took $1.7M from Epstein for MIT lab and personal investments
  • Brokered Epstein's $500K Blockstream investment
  • Resigned from MIT 2019
  • Jeff Moss: "Ito was the main conduit of getting tech people involved with Epstein"
  • Banned from DEF CON

7. Ehud Barak — Former Israeli PM / Epstein Associate

  • Wexler Foundation funded Barak
  • Planned DEF CON 2016 attendance with Epstein, Tom Pritzker, "four girls"
  • Founded Carbyne (surveillance/emergency tech)
  • Visited Epstein's NYC residence multiple times

8. Pablos Holman — Intellectual Ventures / Reputation Scrubber

  • Sept 2010: offered to scrub Epstein's online presence for $25K
  • "Would you be interested in having all that crap that comes up on a google search on your name basically disappear? Pablos and I were talking about it, and we can make it happen for about 20-25K. We know the right people to hire."
  • Met Epstein at DEF CON 2013
  • Banned from DEF CON 2026

9. Jeremy Rubin — Bitcoin Core Dev / Crypto Partner

  • Endorsed Bitmain deal: "Bitmain is a great company, very misunderstood... I think we should do it"
  • Highlighted Jihan Wu's business acumen, Bitmain's AI pivot
  • Co-invested with Epstein in crypto ventures

TIER 3: BITMAIN / SIB INVESTMENT CHAIN

10. Bitmain — Crypto Mining Giant

  • 54 docs in Epstein files
  • World's largest ASIC mining hardware (75% market share)
  • $14B valuation Aug 2018, $1.25B profit 2017
  • Epstein attempted $1M investment Aug 2018
  • SIB Investment Group (Natanzon) is confirmed investor
  • Co-investors: Sequoia China, GIC, Coatue Management, DST

11. SIB Investment Group — Natanzon Family

  • Founded 2017, US-Israeli investment platform
  • Portfolio: Bitmain, Telegram, Kik, Arbe, Way2Vat
  • Co-invests with iAngels (same iAngels in Epstein chain)
  • Commercial real estate in portfolio
  • Rony Natanzon: Founder/Chairman, ERN Israel, federal court case Maryland
  • Amit Natanzon: Director, Investments, Silver Spring MD
  • Matvey Natanzon: FBI FOIA log 2020, Epstein DOJ files

TIER 4: NACO → PIQUA → META

12. NACO / New Albany Company — Wexler-Epstein Real Estate

  • 10,000 acres planned development
  • 29 docs in Epstein files
  • EFTA00577400: land acquisition
  • EFTA01720656: Epstein fax
  • NACO Land Company LLC → Piqua Land Company → Piqua Land Company II → J5 LLC
  • Agent: Matthew Zeiger, 8000 Walton Pkwy, New Albany, OH (same building as NACO)

13. J5 LLC / Shaytura — Meta Platforms Shell (Piqua)

  • Meta VP/Deputy GC David Kling as manager
  • 1601 Willow Road address (Meta HQ)
  • $62.2M acquisition Dec 24, 2025 (591.33 acres)
  • Project Klondike: 607-acre data center campus
  • 40-year AES franchise, $75M water escrow UNSIGNED
  • NDAs signed by officials 2024 before public vote

TIER 5: CAROLINE COUNTY → BLACKROCK

14. ADP Carmel Church Data Hub LLC — Caroline County DC

  • VA LLC formed May 17 2024 (#11698650)
  • 97 acres, parcel 82-9-A (253.24ac parent)
  • BOS approved 6-0 May 28 2024
  • AVAIO original applicant → ACS acquired → ACS resold (per Sili)
  • Electrical load: 130MW → 298.6MW
  • ACS financials confirm ADP under consolidation perimeter

15. ACS Group — Spanish Infrastructure Giant

  • Nov 14 2025 Investor Day: named "Ruther Glen, VA"
  • Same day: ACS + GIP (BlackRock) 50/50 JV
  • 9+ GW installed worldwide
  • Co-consolidated: ACS DC Hicks Field Road, ACS DC Waterford, ACS Digital & Energy SL

16. GIP / BlackRock — Coravel JV Partner

  • 50/50 JV with ACS, closed Jan 9, 2026
  • Named Coravel July 2026
  • 1.7 GW data center portfolio
  • BlackRock = world's largest asset manager ($10T+ AUM)

TIER 6: CAROLINE COUNTY LOCAL NETWORK

17. Amazon / Mattameade — Caroline County

  • 916 acres, 11 DCs, 4.5M SF
  • Payne/Hirschler as Amazon's lawyer (Orrock Tech Campus)
  • Part of 2,610-acre "Property Under Contract" master list

18. CleanArc VA-1 / Forehand Conflict — Caroline County

  • 650 acres, $8.8B
  • Matt Englert: Rosendin → CleanArc CDO
  • Clay Forehand: BOS Chairman, moved $8.8B vote, never recused
  • Grandfathered by TXT-05-2024
  • Site in Chesapeake Bay Preservation Area + FEMA floodplain

EMAIL CONTENT — WHAT THEY SAID TO EACH OTHER

IOZZO-EPSTEIN EMAIL TIMELINE

May 6, 2014 — Introduction Joichi Ito emails Epstein: "One of the best network security guys I know... He's in NYC often. If you have time, you should connect. I think you'll enjoy meeting each other and I also think this business idea that we're working on might be interesting for you as well."

May 2014 — First Meeting Iozzo asks Epstein to meet between May 11-19. Epstein doesn't respond. Eight days later, Iozzo tries again: "Jeffrey, Joi tells me you're in NY the 18th and the 19th." Epstein responds: "Yes." Iozzo tells Epstein's associate: "I'm in a cab headed there."

April 21, 2015 — Dubai Invitation Iozzo tells Epstein: "I'm relocating to Dubai in mid May. If you've never been and want to visit, let me know — there's a guy (a member of the Royal family or something) who you might like."

August 2, 2015 — Black Hat Invitation Iozzo invites Epstein to attend Black Hat cybersecurity conference in Las Vegas.

DEF CON 2016 — "Four Girls" Epstein tells Iozzo he hopes to attend DEF CON with: former Israeli PM Ehud Barak, billionaire Tom Pritzker, and "four girls."

July 25, 2016 — "Safety Briefing" Iozzo tells Lesley Groff (Epstein's assistant) he needs 5-6 hours with Epstein and 1-2 hours with her and "the girls." When asked what the meetings entail: "So the meeting is like a 'safety briefing' type of thing if that makes sense?" He says there should be a "slightly different setup" between Epstein/Groff and the unnamed "girls."

November 27, 2017 — FBI Informant FBI confidential source meets two special agents. Informant alleges Epstein had a "personal hacker" who "had dirt on other people." Description: "Italian citizen born in Calabria who developed zero-day exploits and offensive cyber tools and sold the tools to governments." Hacker "first person to hack and find vulnerabilities in Blackberries and iOS." Worked for CrowdStrike after it acquired his company in 2017. All matches Iozzo.

December 1, 2018 — Disguise Request Iozzo emails Epstein's associate: "I have an odd question for you: is there a lot of press around the house given recent news? Trying to decide whether to wear a baseball hat :)." (3 days after Miami Herald exposed Epstein's plea deal). Associate responds: "Glasses, hat, scarf. Go for it."


BITMAIN INVESTMENT EMAIL CHAIN (AUGUST 2018)

August 1, 2018 — Iozzo's Pitch Iozzo emails Epstein: "Jeffrey, I know you are not well so this might not be the best time but unfortunately this has to close by Monday. There's a $1mm allocation available… They are shooting for an IPO in Q4 allegedly. Interested?"

Context: Bitmain raising $1B in "B+" round at $14B pre-money valuation. $1.25B profit 2017, $1.1B Q1 2018. 75% ASIC market share.

Jeremy Rubin's Endorsement "Bitmain is a great company, very misunderstood… I think it is a great company to nab some exposure to, and I think we should do it." Highlights Jihan Wu's business acumen, Bitmain's AI pivot, IPO as crypto exposure proxy.

Richard Kahn's Input Kahn looped in, notes Coatue Management (legitimate hedge fund) already investing.

The Structure

  • Epstein's entities → Blocktree Private Opportunities LLC – Series B (Delaware)
  • Blocktree → iAngels Technologies, L.P. (existing series LP)
  • iAngels → Bitmain Preferred B+ shares directly
  • Fees: 2% management + 20% carry + 1% closing fee
  • General Partner: "full and complete discretion"

Epstein's Risk Assessment "Structure is the weak link… you can end up with a document, and no shares."

August 2, 2018 — Wire Promise Epstein: "tomorw wires. still good at 3 pm no stress." Iozzo pushes for commitment. Epstein cites doctor's appointment, can't review until after 6 p.m.

Iozzo's Final Message "No worries, I'll try to hold off. Will tell them that there's a potential allocation for 3m but not confirmed."

Thread ends. No wire confirmations. No signed agreements. Whether money changed hands remains unknown.


REPUTATION SCRUBBING EMAILS (2010)

September 2010 — Seckel/Holman Offer Al Seckel (Epstein's sister-in-law's husband) emails Epstein: "On another matter, would you be interested in having all that crap that comes up on a google search on your name basically disappear? Pablos and I were talking about it, and we can make it happen for about 20-25K. We know the right people to hire."

December 2010 — Follow-up Seckel references "Pablos" evaluating Epstein's online reputation and providing cost estimate.


WEXNER/NACO CONNECTION

1998 Ohio Business Records Wexler and Epstein listed as co-presidents of The New Albany Company.

NACO Island Design DOJ records show former NACO leaders helped Epstein design his private island. Island design took cues from Easton and New Albany developments.

House Oversight Deposition (Feb 2026) Rep. Robert Garcia: "Wexner gave Epstein 'about a billion dollars.'" Wexler: "Naive" and "foolish" to trust Epstein. House Democrats accused Wexler of "lying about Epstein ties." "There is no single person that was more involved in providing Jeffrey Epstein with the financial support to commit his crimes than Les Wexner."

NACO → Piqua Chain NACO Land Company LLC (Delaware, agent Zeiger, 8000 Walton Pkwy) → Piqua Land Company → Piqua Land Company II (instrument 2025OR-06351, 12 parcels, $0 exempt) → J5 LLC (Dec 24 2025, $62.2M, Meta Platforms)


SIB / NATANZON FAMILY

SIB Investment Group

  • Founded 2017, US-Israeli platform
  • Portfolio: Bitmain, Telegram, Kik, Arbe, Way2Vat
  • Co-invests with iAngels (same iAngels in Epstein chain)
  • Commercial real estate in portfolio
  • 2 IPOs, 9 acquisitions

Rony Natanzon

  • Founder/Chairman, ERN Israel
  • Federal court: Baron Financial Corp v. Natanzon (Maryland, 1:03-cv-03563-SKG)
  • Breach of contract, intentional interference with credit card portfolio

Amit Natanzon

  • Director, Investments at SIB
  • Silver Spring, MD
  • Email: amit@sibinvestmentgroup.com

Matvey Natanzon

  • FBI FOIA Log 2020 (filed March 10, 2020)
  • Epstein DOJ files (forwarded New Yorker article)
  • aka "Falafel" (poker nickname)

MISSING LINKS (NOT YET PROVEN)

  1. NACO/Epstein → Caroline County VA: No direct DOJ document links NACO to Caroline County data centers
  2. Amit Natanzon → Epstein: No direct DOJ document links Amit to Epstein (only Matvey in forwarded article)
  3. SIB → Data centers: SIB has commercial real estate but no confirmed data center properties
  4. Bitmain → Caroline County: No direct link from Bitmain to Caroline County infrastructure
  5. ACS interest transfer instrument: Exact legal document linking ACS to parcel 82-9-A not yet found
  6. Bitmain wire confirmation: Unknown if Epstein's $1M actually reached Bitmain through the Blocktree/iAngels chain

DISCLAIMER

All findings sourced to: DOJ Epstein Files (justice.gov/epstein), FBI Vault, House Oversight Committee depositions, bitcoinprotocol.org email archive, NBC4i, NextGov, san.com, Politico, PBS, Al Jazeera, CNN, Ohio Secretary of State, Miami County Auditor, VA SCC, Caroline County FOIA, SIB Investment Group website, Tracxn, LinkedIn, USCOURTS-mdd-1_03-cv-03563, FBI FOIA Log 2020.

This document reports on publicly available information only. Nothing accuses any person of a crime beyond what has been convicted or charged. Readers should independently verify all citations.

CaseLock Disclaimer

This report compiles public records, DOJ file releases, congressional depositions, and news reporting. CaseLock identifies connections and organizes evidence — it does not allege criminal conduct. "Reported concern" does not mean "proven fact." All named individuals are presumed innocent unless convicted in a court of law. This is not legal advice.

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