Public discourse on the Epstein files often conflates involvement levels. It is critical to differentiate between those who committed crimes, those showing poor judgment by associating with a known predator, and those merely present without ill intent. Each tier demands a distinct societal response, from prosecution to public scrutiny to nuance.

Michael Tracey asserts that the most sensational aspects of the Epstein story, like the global blackmail ring, originate from a small number of mentally unwell accusers. He points to recanted testimonies and inconsistencies as reasons to question the foundation of the entire narrative.

The "Epstein Files Transparency Act" contains a large carve-out allowing the DOJ to conceal information deemed "victim-identifying." Michael Tracey argues this provision, lobbied for by a victim's lawyer, is used to prevent full disclosure that could challenge the prevailing "survivor" narrative.

Dumping raw investigative files, like the Epstein documents, for public interpretation undermines law enforcement's credibility. The proper output of an investigation should be indictments, not media fodder. This approach turns serious crimes into partisan spectacles, ultimately benefiting the perpetrators by diluting the focus on criminal liability.

The most logical explanation for Epstein's unusual legal leniency is that he was a Clandestine Informant (CI). Law enforcement agencies grant immunity to criminals like Epstein in exchange for access to a network of higher-value targets, such as corrupt politicians or foreign agents, whom they consider a greater threat to national security.

The documents suggest that for the elite circles surrounding Epstein, blackmail was not a rare, sinister act but a commonplace, almost casual, mechanism for gaining leverage and maintaining influence over powerful individuals.

Journalist Michael Tracey argues the dominant Epstein story is a form of "mythology," driven by a media frenzy, unreliable narrators, and perverse algorithmic incentives, rather than hard evidence. He compares its structure and spread to historical hysterias like the Satanic Panic.

Massive settlements from the Epstein estate, JPMorgan, and Deutsche Bank have created a lucrative industry. This system incentivizes a high volume of "victim" claims through non-adversarial processes, potentially inflating the scope of the scandal for financial gain.

The mass release of Epstein documents, without a trusted institution to filter them, creates a justice problem. Trivial details (like being on an invite list) are over-punished through public shaming, while truly criminal behavior gets lost in the noise, leading to a "mushed together" outcome.