Block Discloses Proposed $764M DOJ Payment in Anti-Money-Laundering Resolution

मुख्य बातें

• Block, the financial services company operating Square and Cash App, has disclosed an agreement in principle with the United States Department of Justice.
• The proposed settlement involves a payment of approximately $764 million to resolve an investigation into anti-money-laundering compliance issues within the firm, marking a major regulatory development for the financial technology provider.

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