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Crypto & Fintech

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

CoinDesk (Crypto & Fintech) · Nov 4, 2026 — 06:06 · 0 views · Original article ↗
Jack Dorsey's Block faces $764 million DOJ settlement as bitcoin profit plunges 50%

The proposed agreement would resolve a federal anti-money-laundering investigation, while lower Cash App trading fees halved Block's quarterly bitcoin gross profit.

The proposed agreement would resolve a federal anti-money-laundering investigation, while lower Cash App trading fees halved Block's quarterly bitcoin gross profit.

This is a summary of the story. Read the full article at CoinDesk (Crypto & Fintech) ↗

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