Cash App owner Block pays $40 million in settlement over 'serious compliance deficiencies'

New York state’s top financial regulator struck a $40 million settlement with Block Inc., the parent of Cash App, over anti-money laundering failures.

Apr 11, 2025 - 03:37
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Cash App owner Block pays $40 million in settlement over 'serious compliance deficiencies'
New York state’s top financial regulator struck a $40 million settlement with Block Inc., the parent of Cash App, over anti-money laundering failures.