Jack Dorsey's Block faces $764 million DOJ settlement as bitcoin profit plunges 50%
Block, the payments company led by Jack Dorsey, has proposed a $764 million settlement with the US Department of Justice to resolve a federal anti-money-laundering investigation. Separately, lower trading fees on Cash App cut the firm's quarterly bitcoin gross profit by half. Bitcoin was $77,759 when the story ran and is up 0.0% since then.
Source: CoinDesk · Written by Blockdeck from public reports and live market datamarket_reactionBTC/USD around the story+0.00% since the news
Price at the news$77,758.60
First hour after+0.00%
Since the news+0.00%
Volume that hour0.2× normal
Headline and excerpt credited to CoinDesk. Prices on this page are live, not from the time of the story. Not financial advice.