Block books $764M for planned DOJ settlement over Bank Secrecy Act charge; bitcoin gross profit falls 50%
The proposed agreement would resolve an anti-money-laundering probe, while lower Cash App trading fees halved quarterly bitcoin gross profit.
Read at finance.yahoo โFull coverage ยท 9 outlets
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- CoindeskJack Dorsey's Block faces $764 million DOJ settlement as bitcoin profit plunges 50%
- TheblockBlock Inc. shares rise 6% after-hours as it raises full-year profit forecast
- Yahoo FinanceHolding Bitcoin Paid Block 4x More Than Selling It to Cash App Users
- GuruFocusBlock Inc (XYZ) Allocates $764M to DOJ AML Settlement, Shares Ra
- The CryptonomistBlockโs proposed $764M DOJ deal exceeds quarterly profit as Bitcoin gross profit halves
- FourWeekMBACash App Owner Block Sets Aside $764M for a DOJ AML Deal
- The Crypto TimesBlock Faces $764M DOJ Deal as Bitcoin Profit Falls 50%
- YahooBlock (XYZ) Reaches DOJ Settlement In Principle Over Anti Money Laundering Allegations