Policy
Block DOJ Settlement: Jack Dorsey’s Company Faces $764M Deal as Bitcoin Profit Plunges 50%
CryptoNews·November 4, 2026·1 min read
Block faces a potential $764 million DOJ settlement, while its Bitcoin gross profit plunged 50% in Q3. The settlement could cost Jack Dorsey's company significantly. Block's Bitcoin-related revenue and profitability have been under pressure, reflecting broader market challenges and regulatory scrutiny.
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