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Block Books $764 Million for Planned DOJ Deal That Would Defer a Bank Secrecy Act Charge

Unchained·November 4, 2026·1 min read
Block Books $764 Million for Planned DOJ Deal That Would Defer a Bank Secrecy Act Charge

Block has booked $764 million for a planned DOJ deal that would defer a Bank Secrecy Act charge, with final terms and court approval pending. Meanwhile, Block's bitcoin business kept about 2.9 cents of gross profit per dollar of revenue in Q3, down from 5.1 cents a year earlier.

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