Block appears to be squarely in the government’s sights. Prosecutors from the Southern District of New York are reportedly probing extensive compliance lapses at the parent company of Square and Cash App. NBC News says a former Block employee has handed over documents to federal authorities, painting a picture of how the company failed to gather required risk-assessment information from customers and subsequently processed illegal transactions.
https://www.engadget.com/block-repor...2.html?src=rss
Block reportedly greenlit transactions involving terrorist groups and sanctioned nati
2nd May 2024, 04:59
Block reportedly greenlit transactions involving terrorist groups and sanctioned nati 
