The case 'U.S. Virgin Islands v. JPMorgan Chase' is a civil lawsuit filed on December 29, 2022, in the United States District Court for the Southern District of New York by the Government of the United States Virgin Islands (USVI). The lawsuit alleges that JPMorgan Chase facilitated and enabled Jeffrey Epstein's sex trafficking operations through its banking services from 1998 to 2013, overlooking numerous red flags in Epstein's financial activities including suspicious cash withdrawals, payments to young women, and transfers to entities linked to his trafficking network. The USVI claimed Epstein's operations had a significant presence in the territory where he owned Little St. James island, used for abusive activities, and sought to hold the bank accountable under the Trafficking Victims Protection Act and other laws. The case drew widespread attention due to connections to Epstein's broader network and the bank's role in high-profile financial dealings. JPMorgan denied the allegations, arguing it was unaware of Epstein's crimes and had terminated his accounts in 2013 after federal charges. The lawsuit was settled out of court on September 26, 2023, with JPMorgan agreeing to pay $75 million to the USVI without admitting liability, with funds designated for victim support, anti-trafficking programs, and community services in the territory. As part of the resolution, JPMorgan also paid an additional $62.5 million in 2023 to settle all Epstein-related legal claims brought by the territory. The resolution was part of a series of Epstein-related litigations following his 2019 arrest and death, aiming to recover damages for victims and deter institutional complicity in trafficking.