JPMorgan Chase Settles $75M Epstein Sex Trafficking Lawsuit

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JP Morgan Chase has reached a settlement in a lawsuit related to the Jeffrey Epstein sex trafficking case without admitting wrongdoing. The company said it would pay $75 million to settle a lawsuit with the US Virgin Islands that it allegedly facilitated and benefited from sex trafficking. $55 million of the settlement will go to Virgin Island charities and anti trafficking efforts. The remaining 20 million will be used to cover attorneys fees the territory incurred as part of the legal proceedings. Authorities in the Virgin Islands say that 10 million $10 million of the settlement will be used to provide mental health services for Epstein's victims.