Billionaire Leon Black pays $62.5 million to settle claims related to ties with Jeffrey Epstein
- Leon Black agreed to pay $62.5 million to the US Virgin Islands to settle potential claims related to Jeffrey Epstein.
- The settlement follows a previous $105 million deal between the Virgin Islands and Epstein's estate.
- Black's financial ties to Epstein, including paying him $158 million, had become embarrassing.
- The settlement doesn't imply admission of liability or cover claims from others against Black.
- The Virgin Islands is also seeking over $190 million from JPMorgan to resolve a lawsuit regarding Epstein.