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Company

Block, Inc.

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Coverage Timeline

2025-04-10
The Block 5 related

Block reaches a $40M settlement with NYDFS for “critical gaps” in its anti-money laundering program, including risk-based controls and customer due diligence

- Block, Inc. had AML gaps including failing to have risk-based controls to prevent money laundering and illicit activity …

2022-08-05
CoinDesk 15 related

Block reports Q2 revenue down 6.6% YoY to $4.4B, $2.62B net revenue excluding bitcoin, and Cash App bitcoin revenue down 34% YoY to $1.79B

Despite beating projections, the payments company said its overall revenue fell because of a decrease in bitcoin revenue. Source: Block, Inc. .

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