The U.S. Virgin Islands says that it’s using proceeds from legal settlements related to Jeffrey Epstein to fund anti-trafficking initiatives—marking the latest turn in the territory’s months-long campaign against JPMorgan, which it is suing for at least $190 million.
On Thursday, government officials held a press conference announcing the Victims of Human Trafficking Prevention Act, with Gov. Albert Bryan thanking Epstein victims for coming forward “to help drive awareness” on the “horrendous cycle of abuse” involved in such sex crimes. The legislation would fund programs via the sale of Epstein’s island, Little St. James, and payouts from litigation including $105 million from Epstein’s estate.
In May, a private equity billionaire announced he’d purchased Little St. James and a second island owned by Epstein, Great St. James, for $60 million.