Block said it had reached an agreement in principle with the DOJ over a claim concerning its anti-money laundering program. The potential settlement totals approximately $964 million, with an expected net payment of about $764 million after offsets.
NewsBTC reports that the agreement still requires final documentation and court approval. If the terms are met over three years, the DOJ may seek dismissal of the deferred charge.
Cash App, one of Block’s key products, supports Bitcoin and ordinary money transfers. A separate SEC investigation concluded in March 2026 without a recommendation for enforcement action.