Block to pay $80M for violating Bank Secrecy Act, anti-money laundering laws
In a coordinated enforcement action by 48 state financial regulators, Block will pay an $80M fine and undertake corrective action for ...
US state regulators fine Block Inc $80 million for insufficient money laundering controls
Block Inc has agreed to pay a fine of $80 million to a group of 48 state financial regulators after the agencies determined ...
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Wisconsin joins multi-state suit against owner of Cash App
Wisconsin’s financial regulatory agency announced Thursday that it has joined a lawsuit against Block Inc., the owner of Cash ...
Block to Pay $175 Million for Cash App Customer Service Failures
Jack Dorsey’s Block Inc. will pay up to $175 million for failing to investigate and protect Cash App customers from ...
Hoodline7h
Illinois Joins 47 States in Coordinated Enforcement Action Against Block, Inc. for Alleged BSA and AML Violations
Illinois and 47 other states took coordinated enforcement action against Block, Inc. for BSA and AML regulation breaches ...
Nevada joins $80 million enforcement against Block Inc over insufficient enforcement
The State of Nevada has joined 47 other regulatory agencies in taking action against Block Inc, the mobile payment service ...
Albuquerque Journal16h
NM to receive $1.6M as part of Cash App settlement
Block violated the Bank Secrecy Act and anti-money laundering laws aimed at safeguarding the financial system from illicit ...
ND Department of Financial Institutions joins settlement against Block Inc. Cash App
The North Dakota Department of Financial Institutions has joined 48 other state financial regulatory agencies in taking ...
US says BitMEX fined $100 million for violating Bank Secrecy Act
The cryptocurrency exchange BitMEX has been fined $100 million for violating the federal Bank Secrecy Act by failing to ...