The legal representatives of the late American businessman Jeffrey Epstein, who was convicted of sexual crimes and accused of trafficking minors, have reached a massive financial settlement with a group of victims. This agreement is specifically designed to terminate a class-action lawsuit filed against them, which alleges that they facilitated Epstein's illegal activities and concealed them for many years. The draft agreement, submitted to the federal court in New York, stipulates that Epstein's estate, managed by attorney Darren Indyke and accountant Richard Kahn, will pay compensation ranging from $25 to $35 million.

The final compensation amount is contingent on the number of eligible claimants, with the payout increasing to a maximum of $35 million if the number of qualified women reaches 40 or more. If the number falls below this threshold, the total compensation will be capped at $25 million. This settlement seeks to include women who experienced sexual assault, exploitation, or trafficking by Epstein from the beginning of 1995 until his death in prison in August 2019, which the settlement's documents reference as a 'suicide'.

Despite agreeing to the payment, the settlement documents indicate that the defendants (Indyke and Kahn) do not admit any legal liability. This legal maneuver allows them to resolve the claims of the victims while maintaining their stance that they are not responsible for Epstein's actions. This development reflects a broader trend in dealing with personal injury and sexual abuse claims, where settlements are often reached to avoid prolonged litigation and additional public scrutiny.