These are key insights into the ongoing scandal involving Prince Andrew and late financier Jeffrey Epstein:
- An incident involving Prince Andrew, which he has previously denied, was revealed in a recent set of unredacted documents related to Epstein’s alleged sex trafficking activities.
- Many other documents are set to be unredacted or unsealed in the upcoming days.
- Epstein pleaded guilty to solicitation of a minor for prostitution in 2008. He was known for socializing with high-profile businesspersons, celebrities, and royalty.
- Over 150 individuals were mentioned in a lawsuit filed by Virginia Giuffre, one of Epstein’s prominent accusers.
- Giuffre’s deposition mentioned other notable figures, including Glenn Dubin, Tom Pritzker, and the late Bill Richardson, all of whom have ardently denied her allegations.
- Giuffre previously settled a civil lawsuit with Prince Andrew in 2022, under undiscussed terms.
- Ghislaine Maxwell, Epstein’s ex-partner, is serving a sentence for procuring underage girls for Epstein and is appealing her conviction.
Continuation of Epstein Scandal Unfolds
The aforementioned incident involving Prince Andrew, previously reported by various news outlets, continues to unravel, despite his denial.
Such details were found in a collection of previously undisclosed documentation that hardly revealed much about Epstein’s alleged sex trafficking actions. Future updates regarding sealed or redacted documents are due in the imminent days.
Prince Andrew’s Involvement
It was not possible to get hold of Prince Andrew for comment immediately. After pleading guilty to soliciting prostitution from a minor in 2008, Epstein, aged 66, committed suicide in 2019 while awaiting trial on federal sex-trafficking charges.
Quite a few women spoke up, accusing Epstein of having coerced them into providing sexual services for him and his guests at his private Caribbean island and residences in New York, Florida, and New Mexico.
Accuser Speaks Up
Beyond 150 people were named in Virginia Giuffre’s lawsuit. Their identities remained confidential until a federal judge ruled last month that there was no legal basis for keeping them undisclosed.
During her deposition, Giuffre stated that she had relations with numerous politicians and financial leaders.
Prominent figures such as hedge fund owner Glenn Dubin, billionaire U.S. business tycoon Tom Pritzker, and the late New Mexico Governor, Bill Richardson, were among those named, all of whom vehemently denied these allegations.
Giuffre offered vague statements about having relations with other political leaders whose names she couldn’t recall.
Impact on Financial Market
Given its nature, this scandal can have various impacts on the forex market as arrested or accused individuals could be shareholders or key-players in financial institutions, affecting market confidence and stability.