The Defiant·The Defiant Team·1h ago

Block Reaches $964 Million DOJ Deal in Principle Over AML Lapses

Credits for prior regulatory resolutions would reduce the payment to about $764 million. Separately, bitcoin ecosystem gross profit fell 50%, primarily because of Cash App fee cuts.

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💬 Discussion: Block Reaches $964 Million DOJ Deal in Principle Over AML Lapses Credits for prior regulatory resolutions would reduce the payment to about $764 million. Separately, bitcoin ecosystem gross profit fell 50%, primarily because of Cash App fee cuts.

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