JPMorgan Settles $75 Million with US Virgin Islands Over Epstein's Sex Trafficking Case

Settlement Reached JPMorgan to pay $75 million to settle the US Virgin Islands' lawsuit regarding Epstein's sex trafficking involvement.

Previous Settlement The bank had already reached a $290 million settlement with Epstein's victims.

Resolution of Cases The settlements resolve the bank's remaining litigation linked to its association with Jeffrey Epstein.

Charitable Support $30 million of the settlement will go towards USVI charitable organizations.

Combatting Trafficking $25 million allocated to enhance USVI law enforcement efforts against human trafficking.

Legal Fees The settlement also includes $20 million for attorney fees.

Long-Running Association JPMorgan had provided banking services to Epstein since 1998 but terminated the relationship in 2013, raising questions about its actions.