News
Jack Dorsey's Block faces $764 million DOJ settlement as bitcoin profit plunges 50%
The proposed agreement would resolve a federal anti-money-laundering investigation, while lower Cash App trading fees halved Block's quarterly bitcoin gross profit.
· 1 min read · 82 words · via CoinDesk
Wire briefing
The proposed agreement would resolve a federal anti-money-laundering investigation, while lower Cash App trading fees halved Block's quarterly bitcoin gross profit.
Source: CoinDesk. This is a wire summary for GetFreeBit readers - verify the original report before making custody, trading, or tax decisions. Not financial advice.
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