According to the suit, JPMorgan flagged more than $1 billion in suspicious transactions linked to Epstein's accounts, to which the government responded by doing absolutely nothing.
"JPMorgan was a full-service bank for Jeffrey Epstein's sex trafficking," said Mimi Liu, an attorney for the USVI who says this latest revelation only bolsters her client's case against the banking giant.
This is the first time in the case, by the way, that an actual dollar amount has been disclosed in relation to the "sheer volume of Epstein's financial activity at JPMorgan over a 16-year period," to quote Bloomberg.
The suspicious activity in question was fully detailed in a 2019 filing with the U.S. Department of the Treasury, according to another USVI attorney who spoke before a Manhattan court this week.
The filing in question was made after Epstein was reported dead in a Manhattan jail cell just one month after his arrest on sex trafficking charges.
Before his demise, Epstein had been banking with JPMorgan Chase since the late 1990s all the way through 2013 when the banking giant finally cut ties with him.
"It's about to get very difficult not to identify Epstein's billionaire pedophile clients," commented Zero Hedge about what this latest revelation means in the Epstein case.
(Related: At JPMorgan Chase, pedophilia is just fine but natural health is not.)
Is the world about to learn every name in Epstein's "black book?"
As many of our readers already well know, many of Epstein's trafficking escapades took place on his private island in the USVI, hence why the American territory is leading the charge in suing JPMorgan.
The bank itself is denying that it ever let Epstein's vile activities slide, claiming it reported around 150 cash transactions to federal regulators between 2002 and 2013.
According to the USVI, JPMorgan facilitated more than $1.1 million in payments made from Epstein himself to "girls or women," many of whom had Eastern European surnames.
More than $320,000 of these payments were made to "numerous individuals for whom JPMorgan had no previously identified payments," a lawyer in the case said, accusing the banking giant of failing to disclose these payments until after discovery in the case had already ended.
JPMorgan insists that the timing of its reporting is irrelevant because the USVI does not have any legal standing to claim that JPMorgan obstructed a trafficking investigation since it is not one of the victims.
"The only reason that JPMorgan after 16 years reported the $1 billion in suspicious transactions was because he was arrested and then he was dead," Liu added.
JPMorgan's official story is that it had no idea what Epstein was spending his money on all that time, pointing to various depositions from current and former bank employees who insist they had no idea he was a child trafficker and pedophile.
"There is hotly disputed testimony and evidence," claims Felicia Ellsworth, a JPMorgan attorney.
The USVI's end goal is to get at least $190 million from JPMorgan for these crimes. The case is USVI v. JPMorgan Chase Bank, 22-cv-10904-UA, US District Court, Southern District of New York (Manhattan)."
"Oh, but the U.S. government wants to know about your $600 Venmo transaction," one commenter wrote jokingly but soberly about how the U.S. government has become a friend to pedophiles and an enemy to the American people.
"Ghislaine's father was Mossad, same as her and Jeffy," wrote another about how Epstein and his pals all have direct ties to Israeli intelligence.
The latest news about JPMorgan Chase and other pedophilia-supporting finance corporations can be found at Trafficking.news.
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