Judge: JP Morgan is responsible for Epstein's trafficking.

JP Morgan could be held liable to the victims of deceased predator Jeffrey Epstein if they show that Jes Staley, the bank’s former head of asset management, was personally aware Epstein was running a sex-trafficking ring. US District Judge Jed Rakoff revealed in court that Staley had actual firsthand knowledge that Epstein conducted a sex-trafficking venture. JP Morgan sued Staley in March, claiming “intentional and outrageous conduct” in concealing the malignant nature of Epstein’s character and activities from his employer. Staley has denied the assault allegation, insisting that JP Morgan is merely using him as a “public relations shield” in its damage control efforts. JP Morgan has been accused of trafficking and sexual assault victims at Epstein properties, including his private island.

The bank allegedly turned a blind eye to the nature of these payments, describing a 14-year-old that Epstein had purchased for $600,000 from Europe as the predator's "assistant or young lady he brought over from Prague". In 2013, wealth management division head Mary Erdoes learned that her client's cash withdrawals of $40,000 to $80,000 were "actual cash," leading to the bank opting to part ways with him after 13 years.