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10 - PEOPLE/(A-G)/Leon Black.md
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@ -123,7 +123,7 @@ A separate federal lawsuit, Doe v. Black, No. 1:23-cv-06418 in the [[Southern Di
### The Virgin Islands Settlement
On January 20, 2023 Black signed a settlement agreement with the Government of the United States Virgin Islands, countersigned by Acting Attorney General [[Carol Thomas-Jacobs]], under which he paid 62.5 million dollars within sixty days to end the territory's claims against him arising from Epstein, without any admission of liability or any criminal charge. Governor [[Albert Bryan]] had removed Attorney General [[Denise George]] at the end of December 2022, days after she filed the territory's December 27, 2022 suit against JPMorgan, and appointed Thomas-Jacobs, already assigned as an attorney on the JPMorgan case, as acting attorney general effective January 1, 2023; Bryan's office gave no reason and said reports tying the removal to the suit were "not entirely accurate."[^25] The payment came shortly after the estate's own 105 million dollar settlement, while the territory's suit against JPMorgan Chase and victims' suits against JPMorgan and Deutsche Bank were pending.[^26][^27]
On January 20, 2023 Black signed a settlement agreement with the Government of the [[U.S. Virgin Islands|United States Virgin Islands]], countersigned by Acting Attorney General [[Carol Thomas-Jacobs]], under which he paid 62.5 million dollars within sixty days to end the territory's claims against him arising from Epstein, without any admission of liability or any criminal charge. Governor [[Albert Bryan]] had removed Attorney General [[Denise George]] at the end of December 2022, days after she filed the territory's December 27, 2022 suit against JPMorgan, and appointed Thomas-Jacobs, already assigned as an attorney on the JPMorgan case, as acting attorney general effective January 1, 2023; Bryan's office gave no reason and said reports tying the removal to the suit were "not entirely accurate."[^25] The payment came shortly after the estate's own 105 million dollar settlement, while the territory's suit against JPMorgan Chase and victims' suits against JPMorgan and Deutsche Bank were pending.[^26][^27]
The agreement's recitals state that "according to public reports, Black paid $158 million over approximately five years to Jeffrey Epstein's Virgin Islands company, Southern Trust," and, as a separate recital, "WHEREAS, Jeffrey Epstein used the money Black paid him to partially fund his operations in the Virgin Islands." Section III.2 provides that nothing in the agreement is an admission of liability, which Black expressly denies, and that its terms "shall not be cited by any person as evidence of wrongdoing by Black." Wyden later described the recital as an admission that Black's money funded sex trafficking. The territory directed 15 million dollars of the payment to a trust fund for counseling, mental-health and other services for Virgin Islands residents. The release covers "Leon Black, and all of his attorneys and other agents acting within the scope of their authority," and entities he owns or controls, and excludes "JP Morgan Chase or any other financial institution used by Black or Jeffrey Epstein or any current or former employees" of those institutions, and Epstein and his estate. Black agreed not to claim that his payment resolved any individual victim's claims.[^5][^9][^27]