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Whit Clay, a spokesman for Leon Black, stated: “Mr. Black engaged and made payments to Jeffrey Epstein for legitimate financial advisory services, which, based on everything now known, he very much regrets. Consistent with settlements of other major U.S. banks, Mr. Black resolved the U.S.V.I.’s potential claims arising out of the unintended consequences of those payments. There is no suggestion in the U.S.V.I. settlement that Mr. Black was aware of or participated in any misconduct.”

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