✔ VERIFIED First reported by The Crypto Times · Nov 4, 09:32 UTC · updated Nov 4, 10:31 UTC

Block Accrues $764M for DOJ Deal as Bitcoin's Profit Share Halves

Block's Q3 10-Q shows a $964 million gross, $764 million net DOJ deal over AML lapses, as bitcoin fell to 2% of gross profit from 4% a year earlier.

Common to all reports: Block Faces $764 · DOJ · Bitcoin Profit · 50

Confirmed by 4 sources

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Tags: Regulation, Bitcoin, BTC

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