Larry Summers, a former advisor to Digital Currency Group (DCG), has been implicated in connection with the notorious American financier Jeffrey Epstein, as revealed in recently disclosed court documents known as ‘The Epstein List.’ This list details the names of numerous well-known individuals allegedly associated with the deceased sex offender.
Summers, a highly regarded figure in academic and financial circles, was identified alongside other distinguished Harvard scholars, including David Gergen, Stephen Kosslyn, and Henry Rosovsky. This revelation emerged within a response declaration submitted by attorney Alan M. Dershowitz, a former legal representative for Epstein, who himself faces accusations related to Epstein’s alleged involvement in sex trafficking activities.
Dershowitz’s declaration reveals the extent of Jeffrey Epstein’s deep engagement in the academic sector, specifically at Harvard University. According to Dershowitz, Epstein played a substantial role as a benefactor of academic research at Harvard. Epstein not only had an office at the university but also cultivated close connections with numerous academics.
Among the academics mentioned in this context are Larry Summers, Marvin Minsky, Stephen Jay Gould, and Howard Gardner, signifying the breadth of Epstein’s associations within the academic community.
Larry Summers Not Accused of Any Wrongdoing
It’s important to emphasize that the disclosed documents do not explicitly accuse Larry Summers of being aware of or involved in any illegal activities. However, Dershowitz’s statement alludes to a wider network of academics who may have had indirect connections to Jeffrey Epstein’s questionable activities.
Dershowitz suggests that several academics, Summers included, might have engaged in behaviors resembling those that led to the accusations against Dershowitz. The association between Summers and Epstein is not a recent revelation; it is known that during Summers’ tenure as the president of Harvard, he maintained a close relationship with Epstein, who had pledged a substantial donation to the university.
Records indicate that Larry Summers flew on Jeffrey Epstein’s private plane multiple times, including a trip in 1998 when Summers was serving as the US Deputy Secretary of the Treasury.
The ‘Epstein List,’ though not providing new insights into Epstein’s crimes, consolidates the names of numerous influential figures. This range encompasses politicians, celebrities, and academics who had some form of association with Epstein. Notable names on the list include former US Presidents Bill Clinton and Donald Trump, Prince Andrew of the British Royal Family, the late pop star Michael Jackson, and the renowned physicist Stephen Hawking.
Summers Ended Ties with DCG in 2022
Larry Summers ended his association with Digital Currency Group (DCG) in late 2022 amid criticism related to his remarks about the failed crypto exchange FTX, owned by Sam Bankman-Fried. Summers had joined DCG in 2016, a year after its establishment. Initially, his departure was attributed to a reduction in professional commitments, but the specific reasons and the extent of his resignations from other positions were not detailed.
Summers’ role at DCG and his comments, particularly likening FTX to Enron in a Bloomberg TV interview, drew scrutiny. The Revolving Door Project, a prominent watchdog group in Washington, criticized the lack of disclosure regarding Summers’ connections to crypto companies, including DCG, during the interview.
