Policy
Block Books $764 Million for DOJ Deal Over Cash App AML Failures
COINOTAG·November 4, 2026·1 min read
Block set aside $764 million for a DOJ deferred prosecution agreement over Cash App anti-money-laundering failures. The company reported Q3 gross profit of $3.24 billion, beating estimates. The provision covers potential penalties tied to compliance lapses at its Cash App unit.
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