Block to Pay $40 Million Fine for Weak Controls in Cash App
TL;DR Block must pay a $40 million fine for deficiencies in its anti-money laundering system and transaction monitoring in Cash App. The company accumulated over...
Tag : Jack Dorsey
Block, Jack Dorsey’s Company, Under Federal Investigation
TL;DR Federal investigations are examining financial transactions in Square and Cash App, Block’s main units. A former employee has provided internal documents addressing deficiencies in...
Dorsey’s Block Reveals Plans For Bitcoin Lightning Network
The business unit known as TBD that is part of Jack Dorsey’s Block team has announced its intention to build a bitcoin lightning infrastructure. The...
Bids For Jack Dorsey’s First Tweet Surpass $2.5M Exposing NFT Demand
Last week Twitter’s Jack Dorsey offered his, and the very first Tweet. The tweet was sent out on March 6, 2006. Dorsey is offering it...
Twitter CEO Supports Nigerian Protest Against Police Brutality With Bitcoin Donations
Twitter boss Jack Dorsey has asked his adherents to give Bitcoin to help the dissent over police severity in Nigeria. Prior today, Jack Dorsey, CEO...
60 Coinbase Staffers Exit Company Over No-politics Stance
Coinbase CEO Brian Armstrong today declared that 5% of representatives, or 60 of the 1,200 who work for the San Francisco-based trade, decided on a...
Twitter CEO Jack Dorsey Might Allocate Some Corporate $10 Bln into Bitcoin, Hints Willy Woo
Unmistakable merchant and business person Willy Woo has noted that the head of Twitter, Jack Dorsey—who has $10 bln in corporate assets under his influence—could...
Twitter CEO Continues To Push For Bitcoin
As refered to by CNBC, Twitter and Square CEO Jack Dorsey disclosed to UK news distribution The Times in 2018 that Bitcoin would one day...