Jack Dorsey’s Block faces a $764 million fine from the DOJ as Bitcoin profits fall 50%
- Jack Dorsey’s company Block is facing a $764 million settlement with the U.S. Department of Justice (DOJ).
- The agreement aims to resolve a federal anti-money laundering (AML) investigation.
- Block’s quarterly Bitcoin gross profit fell 50% due to lower transaction fees on the Cash App.
#Block #Bitcoin #CryptoNews #DOJ #AML BinanceSquare
$btc btc
vlikevn Titanbot
Source: CoinDesk
- Jack Dorsey’s company Block is facing a $764 million settlement with the U.S. Department of Justice (DOJ).
- The agreement aims to resolve a federal anti-money laundering (AML) investigation.
- Block’s quarterly Bitcoin gross profit fell 50% due to lower transaction fees on the Cash App.
#Block #Bitcoin #CryptoNews #DOJ #AML BinanceSquare
$btc btc
vlikevn Titanbot
Source: CoinDesk