Jack Dorsey's Block faces $764 million DOJ settlement as bitcoin profit falls 50%
Block raised its full-year profit forecast and shares rose after hours even as bitcoin-related gross profit halved and a major federal settlement loomed.
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- CoinDesk · lead
- The BlockBlock Inc. shares rise 6% after-hours as it raises full-year profit forecast
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- bloomingbitBlock Agrees in Principle to Pay $764 Million to Settle DOJ AML Controls Probe
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- The Crypto TimesBlock Faces $764M DOJ Deal as Bitcoin Profit Falls 50%
- HokanewsBlock Agrees to $764 Million DOJ Settlement as Bitcoin Profit Falls 50%
- CoindeskJack Dorsey's Block faces $764 million DOJ settlement as bitcoin profit plunges 50%