Block Inc. Settles $40 Million with NYDFS Over Compliance Failures
AI Summary According to BlockBeats, Block Inc., led by Jack Dorsey, has reached a $40 million settlement with the New York Department of Financial Services (NYDFS) due to significant lapses in its anti-money laundering compliance pro
This page may contain third-party content, which is provided for information purposes only (not representations/warranties) and should not be considered as an endorsement of its views by Gate, nor as financial or professional advice. See Disclaimer for details.
Block Inc. Settles $40 Million with NYDFS Over Compliance Failures
AI Summary
According to BlockBeats, Block Inc., led by Jack Dorsey, has reached a $40 million settlement with the New York Department of Financial Services (NYDFS) due to significant lapses in its anti-money laundering compliance pro