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#doj-settlement

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Jack Dorsey’s Block (XYZ) Sets Aside $764 Million for DOJ Settlement as Bitcoin Profit Halves

Jack Dorsey's Block has set aside $764 million for a DOJ settlement over anti-money-laundering failures at Cash App. The company's bitcoin profit has halved, and the settlement amount exceeds its Q3 profit. This development may impact the company's financial performance and reputation.

BTC

1,3 tys.3418

Jack Dorsey&#8217;s Block (XYZ) Sets Aside $764 Million for DOJ Settlement as Bitcoin Profit Halves

Jack Dorsey’s Block (XYZ) Sets Aside $764 Million for DOJ Settlement as Bitcoin Profit Halves