Block XYZ.N will pay a $40 million civil fine and hire an independent monitor to settle charges by New York's financial services regulator that it failed to adequately police and stop money laundering ...
On Thursday, the Consumer Financial Protection Bureau announced a massive $175 million settlement with Block, the publicly traded financial conglomerate led by Jack Dorsey. The government agency ...
Forbes contributors publish independent expert analyses and insights. Alex Vakulov is a cybersecurity expert focused on consumer security. Feb 02, 2025, 01:35pm EST Feb 02, 2025, 02:13pm EST Google ...
Pedestrians chant, "ICE go home!" as federal immigration agents walk along North Clark Street in the River North neighborhood, Sunday, Sept. 28, 2025, in Chicago. (Ashlee Rezin/Chicago Sun-Times via ...
Block shares were on track for their second-worst day, plunging more than 20% after a brutal quarterly report and a wave of analyst downgrades. Analysts flagged fresh concerns around stagnant Cash App ...