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Jack Dorsey's Block faces $764 million DOJ settlement as bitcoin profit plunges 50%
◉ COINDESK · CRYPTO & BLOCKCHAIN · RT-7DEF0E

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

⌖ COINDESK · NEW YORK⏱ ✓ SOURCE · coindesk.com/markets/2026/11/04/j…SHA-256 F63EC295·5C1FEE57

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

CODE
RT-7DEF0E
PUBLISHER
CoinDesk
TOPIC
Crypto & Blockchain
PUBLISHED
04 November 2026 · 06:06 UTC
FIRST SEEN
04 November 2026 · 06:15 UTC
ORIGINAL
https://www.coindesk.com/markets/2026/11/04/jack-dorsey-s-block-faces-usd764-million-doj-settlement-as-bitcoin-profit-plunges-50
SHA-256
f63ec2955c1fee57689497f6025e9b1080bff230d77fa030399e995731c16d17

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