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Block reaches a $40M settlement with NYDFS for "critical gaps" in its anti-money laundering program, including risk-based controls and customer due diligence (Sarah Wynn/The Block)

Sarah Wynn / The Block: Block reaches a $40M settlement with NYDFS for “critical gaps” in its anti-money laundering program, including risk-based controls and customer due diligence  —  - Block, Inc. had AML gaps including failing to have risk-based controls to prevent money laundering and illicit activity …

Apr 10, 2025 - 17:12
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Block reaches a $40M settlement with NYDFS for "critical gaps" in its anti-money laundering program, including risk-based controls and customer due diligence (Sarah Wynn/The Block)

Sarah Wynn / The Block:
Block reaches a $40M settlement with NYDFS for “critical gaps” in its anti-money laundering program, including risk-based controls and customer due diligence  —  - Block, Inc. had AML gaps including failing to have risk-based controls to prevent money laundering and illicit activity …

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