The money is being returned and funds will be raised to support trafficking victims:
"I vow to raise an amount equivalent to the donations the Media Lab received from Epstein and will direct those funds to non-profits that focus on supporting survivors of trafficking. I will also return the money that Epstein has invested in my investment funds."
I don't think the lede is that he's giving back the money now that all of this has become public. I think the lede is that Ito raised money, coinvested with and visited multiple homes of Epstein after Epstein became a convicted sex offender.
I don't think that's the important part of this post. It's the first place that confirms that Ito and MIT raised money from Epstein; a fact they've denied in the past [1]. It's also the first mention that Ito allowed Epstein to co-invest in his startups.
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[ 2.9 ms ] story [ 10.8 ms ] threadThe money is being returned and funds will be raised to support trafficking victims:
"I vow to raise an amount equivalent to the donations the Media Lab received from Epstein and will direct those funds to non-profits that focus on supporting survivors of trafficking. I will also return the money that Epstein has invested in my investment funds."
* [1] https://twitter.com/David_Ingram/status/1162457071633293312