A federal judge has dismissed the criminal child sex trafficking case against billionaire financier Jeffrey Epstein, after his alleged suicide in jail earlier this month.

The dismissal comes two days after Epstein's defense lawyers compelled the judge to conduct an inquiry into Epstein's death after casting doubt on the finding by the New York City medical examiner's office that he died from suicide by hanging himself in his cell in the Metropolitan Correctional Center.

During Epstein's arrest, several high profile businessman and celebrities around the world were reportedly implicated, and the suicide attempt which led to is death was actually the second attempt on his life.

Some are skeptical about the financier's death.

Martin Weinberg, one of Epstein's lawyers said in a statement to CNBC said: "We do not interpret today's ruling as a determination that Judge Berman has rejected our requests that he exercise his inherent judicial authority to investigate both the cause of Mr. Epstein's death or the horrific conditions in which the MCC held our client while he was pending trial."