Block Inc. has agreed to a $40 million settlement to resolve allegations of compliance failures related to its Cash App platform, according to the New York Department of […]
Block Inc. Fined $40 Million for Cash App Compliance Failures
Digital payments company Block, led by Twitter co-founder Jack Dorsey, has been fined $40 million by the New York State Department of Financial Services (NYDFS) for allegedly violating […]
Block Inc. Pays $40 Million Settlement to NYDFS over Cash App AML Failures
Financial technology company Block, formerly known as Square, has reached a $40 million settlement with the New York Department of Financial Services (NYDFS) for failures in its anti-money […]
Block Inc. Faces $40 Million Penalty for Cash App Compliance Failures
Financial services company Block, led by Jack Dorsey, will pay a $40 million penalty to the New York Department of Financial Services (NYDFS) for failing to comply with […]