BitcoinBlock Fined $40M Over Cash App’s Crypto Compliance Failures...

Block Fined $40M Over Cash App’s Crypto Compliance Failures and 169K Ignored Alerts

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Block Fined $40M Over Cash App's Crypto Compliance Failures and 169K Ignored AlertsNew York hits Block with a $40 million fine and mandates independent oversight after major compliance failures in Cash App’s bitcoin and fiat transaction monitoring. NY Regulator Unleashes Oversight Blitz on Block After Missed Red Flags and AML Gaps New York State’s Department of Financial Services (DFS) announced on April 10 that Block Inc. will […]



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