EconPulse Markets. Economy. Malaysia & The World. Wed, 4 Nov 2026
Crypto

Jack Dorsey's Block faces $764 million DOJ settlement as bitcoin profit plunges 50%

Jack Dorsey's Block faces $764 million DOJ settlement as bitcoin profit plunges 50%
Image: CoinDesk

Summary

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 & full coverage: this summary is aggregated from CoinDesk, the original publisher. Read the complete report for full context, data and quotes.

Read the original report at CoinDesk →