Block Discloses Proposed $764M DOJ Payment in Anti-Money-Laundering Resolution
TL;DR: Block, the funds firm behind Cash App and Square, says it reached an settlement in precept with the US Department of Justice over an anti-money-laundering programme allegation. Its November 3 submitting outlines roughly $964 million in gross financial phrases and a possible $764 million internet cost after credit, however the decision nonetheless requires a…