JP Morgan Pays $290 Million Settlement For Serving Jeffrey Epstein

JP Morgan Pays $290 Million Settlement For Serving Jeffrey Epstein



JP Morgan has reached a settlement agreement to pay $290 million in a class-action lawsuit filed by the victims of Jeffrey Epstein, the notorious American financier and convicted sex offender.



The plaintiffs alleged that JP Morgan engaged in money laundering activities that facilitated sex trafficking on behalf of Epstein during his time as a client of the bank.



In a joint statement released on Monday, the largest bank in the United States and the attorneys representing the victims announced that they had reached a preliminary agreement to settle the alleged class-action lawsuit associated with Jeffrey Epstein's crimes.



The settlement is contingent upon court approval and does not involve JP Morgan accepting any legal responsibility in the matter. The statement emphasized that all parties involved, particularly the survivors


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#Cryptomarket, #Epstein, #JPMorganChase, #Regulations

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