U.S. Virgin Islands Demands $190 Million from JPMorgan in Jeffrey Epstein Lawsuit

The U.S. Virgin Islands is seeking at least $190 million in damages from JPMorgan Chase in a lawsuit over its ties to Jeffrey Epstein, alleging that the bank facilitated Epstein's sex trafficking enterprise and failed to flag suspicious financial activity. The territory is requesting $150 million in civil penalties and $40 million in fees and revenues generated by Epstein for the bank. They also want the bank to implement new policies to prevent human trafficking. If successful, the funds recovered will be used to support victims of human trafficking in the U.S. Virgin Islands. The trial is set to begin on October 23. JPMorgan Chase denies liability and challenges the damages theories in court.