The Defiant reports that Block has reached a deal in principle with the DOJ for $964 million regarding anti-money laundering (AML) lapses. Credits from previous regulatory resolutions could lower the payment to approximately $764 million. Additionally, the bitcoin ecosystem's gross profit has declined by 50%, largely due to fee reductions on Cash App.
Based on the The Defiant report; not independently verified.
Source published: Wed, 04 Nov 2026 06:17:48 GMT
[Read the original report](https://thedefiant.io/converge/regulation/block-reaches-964-million-doj-deal-in-principle-over-aml-lapses)
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