'Billionaire convicted sex offender Jeffrey Epstein reached a last-minute settlement on Tuesday just as jury selection was expected to begin for his trial in Palm Beach, Florida.
The 65-year-old hedge fund manager 'surrendered' and agreed to an undisclosed financial settlement with attorney Bradley Edwards, who represents several of Epstein's alleged victims.
Edwards had sued the financier alleging malicious prosecution and defamation after the billionaire filed a lawsuit attacking Edwards and his methods.
Epstein admitted today to making 'totally false allegations.'
The settlement means none of the women will testify against Epstein, who is accused of pimping out 80 underage girls to his friends from 1995 to 2005.
However, the dramatic climbdown has cleared Edwards' path in his bid to quash Epstein's controversial federal prosecution immunity deal over the sex victims.
Edwards' lawyer Jack Scarola told the court the agreement was 'not a compromise but a surrender' by the 'serial sex offender.'
'For the sake of Epstein's victims, Bradley Edwards would not and did not compromise his claims. He did not settle for anything less than a complete surrender by Jeffrey Epstein,' Scarola said.
While the financial terms of the settlement are required to remain confidential, there are important components that are not confidential.'
He revealed Edwards remains committed to continue with his challenge to Epstein's sweetheart 'non prosecution agreement' that allowed him to escape a possible life sentence and serve just 13 months in a Florida state facility.
He added: 'That will be followed through to conclusion….to set aside the non-prosecution agreement for Jeffrey Epstein and his named and unnamed co-defendants fully responsible for the crime that they have committed.'
Read more: Billionaire Jeffrey Epstein reaches last-minute settlement ahead of jury selection for civil trial, avoiding testimony from his sex assault victims