Block Agrees in Principle to $764 Million DOJ Settlement
Block has agreed in principle to pay $764 million to resolve a federal investigation into alleged failures in its anti-money laundering controls.
Block DOJ settlement talks have reached a major turning point, with Jack Dorsey-owned payments company agreeing in principle to pay $764 million. The proposed deal would resolve a federal investigation into alleged failures in its anti-money laundering controls.The agreement follows years of scruti…