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Finance / General

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

Source: coinDesk November 3, 2026 · 22:06
Jack Dorsey's Block faces $764 million DOJ settlement as bitcoin profit plunges 50%
From the publisher
The proposed agreement would resolve a federal anti-money-laundering investigation, while lower Cash App trading fees halved Block's quarterly bitcoin gross profit.
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CoinDesk

CoinDesk is an American news site specializing in bitcoin and digital currencies. Founded by Shakil Khan, the firm also provides guides to bitcoin for those new to digital currencies.

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