[JPMorgan Chase Reaches $330 Million Settlement with Malaysia Over 1MDB Case] JPMorgan Chase will pay Malaysia 1.4 billion ringgit (approximately $330 million) to resolve all existing and potential claims related to 1MDB. Under the agreement, JPMorgan Chase will make the payment without "admitting any liability," and both parties will refrain from further litigation regarding the case. Additionally, JPMorgan Chase's Swiss branch was fined 3 million Swiss francs (approximately $3.7 million) by Switzerland for assisting in laundering 1MDB funds. The 1MDB scandal involves over $4 billion in funds, with investigations spanning a decade and multiple countries.