Epstein estate reaches settlement of up to $35 million with survivors
Jeffrey Epstein's estate has agreed to a settlement of up to $35 million with survivors of his abuse.Summary
The estate of Jeffrey Epstein has reached a settlement agreement, potentially worth up to $35 million, with survivors who filed a class-action lawsuit alleging the estate’s co-executors facilitated Epstein’s sex trafficking and abuse. Darren Indyke and Richard Kahn, the co-executors, denied the allegations, stating they were not involved in the abuse and did not believe any harm was caused by their actions. The settlement amount will vary depending on the number of eligible claimants, potentially falling to $25 million if fewer than 40 survivors participate. Despite the settlement, the co-executors maintain they have not admitted any wrongdoing, choosing to settle to achieve finality for the estate.
This agreement follows the release of numerous documents related to Epstein by the Justice Department, which have implicated several prominent individuals and led to resignations. Prior to this settlement, over $50 million had been paid out to survivors through a compensation fund established in 2020, which was later paused due to insufficient funds.
Additionally, settlements have been reached with financial institutions linked to Epstein, including JP Morgan Chase ($290 million) and Deutsche Bank ($75 million), demonstrating a broader effort to provide compensation to victims of Epstein’s crimes.
(Source：Cable News Network)