JPMorgan allegedly processed more than $1bn for Epstein over 16 years

Lawyers for US Virgin Islands claimed the bank reported the transactions as suspicious to the treasury following his death

A lawyer for the US Virgin Islands said on Thursday that JPMorgan Chase told US authorities it processed more than $1bn for Jeffrey Epstein over 16 years.

JPMorgan reported the transactions as suspicious to the US treasury department following Epstein's suicide in 2019, Mimi Liu, a lawyer for the territory, said at a hearing concerning its lawsuit against the largest US bank.