Jack Dorsey's payments company Block has reached a preliminary agreement with the U.S. Department of Justice to resolve an anti-money laundering investigation, totaling approximately $964 million. The settlement involves a deferred prosecution agreement for three years regarding allegations that Block failed to maintain an effective anti-money laundering program in violation of the Bank Secrecy Act.
Under the terms disclosed in a regulatory filing on Tuesday, the net payment will be about $764 million after accounting for previously accrued funds. Block had set aside $526 million by the end of June and increased this accrual to $764 million by the end of September. The agreement still requires final court approval to take effect.
Block to Pay $964M in DOJ Anti-Money Laundering Settlement
Sorumluluk Reddi: Phemex Haberler'de sunulan içerik yalnızca bilgilendirme amaçlıdır. Üçüncü taraf makalelerden alınan bilgilerin kalitesi, doğruluğu veya eksiksizliğini garanti etmiyoruz. Bu sayfadaki içerik finansal veya yatırım tavsiyesi niteliği taşımaz. Yatırım kararları vermeden önce kendi araştırmanızı yapmanızı ve nitelikli bir finans danışmanına başvurmanızı şiddetle tavsiye ederiz.
