A federal judge in San Francisco ruled Thursday that President Donald Trump can not withhold federal funds from sanctuary ...

Block Inc., Cash App's parent company, will pay $40 million to settle with New York regulators due to anti-money laundering compliance failures. The regulator found deficiencies in Block's ...

SEATTLE, April 11, 2025 /PRNewswire/ -- Summit Law Group PLLC has signed the amicus briefs supporting the WilmerHale and Jenner & Block law firms, and is proud to join the ranks of more than 800 ...

FORT WAYNE, Ind. (WANE) — A man was arrested and charged with theft Thursday after allegedly stealing $8,000 through a CashApp scheme at a Fort Wayne Dollar General. According to a release from ...

Philadelphia Federal Reserve President Patrick Harker did not comment on the outlook for the economy or monetary policy in prepared remarks for a speech to a financial technology innovation ...

New York fined Block $40 million over Cash App’s Bitcoin and fiat transaction monitoring compliance failure. The company ignored 169k transaction alerts, making customers suspicious. On April 10, New ...

My first report on March 4th highlighted Monika Bailey of Oxford Township who received five 1099-K forms in the mail from Block, Inc. linked to five Cash App accounts opened using her stolen ...

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 ...

Block agreed to pay $40 million to the NYDFS for alleged anti-money-laundering inadequacies and cryptocurrency compliance failures on its Cash App platform. A consent order clarified that Block’s ...

Cash App on a mobile phone. New York state’s top financial regulator struck a $40 million settlement Thursday with Block Inc., the parent of Cash App, the popular money transmission service ...

Block, the crypto company that operates Cash App, was fined $40 million by New York’s financial regulator for failing to monitor and restrict money laundering on its platform. Block, formerly called ...

Block, the fintech company behind Cash App, has been dealt with a $40 million penalty over lapses in Cash App’s anti-money laundering controls, found by New York’s top financial regulator.