Block is reportedly paying $764 million to resolve a Justice Department investigation of its anti-money laundering controls. That’s according to a CoinDesk report on Thursday (Nov. 5), which noted that the agreement-in-principle settlement is larger than the $566 million profit Block—owner of CashApp and Square—reported for the third quarter. The agreement, reached last month and […]
The post Block Will Pay $764 Million to Resolve AML Investigation appeared first on PYMNTS.com .
