Policy
Block Reaches $964 Million DOJ Deal in Principle Over AML Lapses
The Defiant·November 4, 2026·1 min read
Block reached a $964 million deal in principle with the DOJ over AML lapses, with credits reducing the payment to about $764 million. Separately, bitcoin ecosystem gross profit fell 50% due to Cash App fee cuts. The settlement resolves a federal investigation into anti-money-laundering compliance.
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