Unchained reports that Block has set aside $764 million for a potential deal with the Department of Justice (DOJ) to defer a Bank Secrecy Act charge. The final terms and court approval are still pending. In related news, Block's bitcoin business reported a decrease in gross profit, earning about 2.9 cents per dollar of revenue in Q3, down from 5.1 cents a year earlier.
Based on the Unchained report; not independently verified.
Source published: Wed, 04 Nov 2026 20:02:00 +0000
[Read the original report](https://unchainedcrypto.com/block-books-764-million-for-planned-doj-deal-that-would-defer-a-bank-secrecy-act-charge/)
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