Block → Participating state money-transmission regulators
owes separate penalty and administrative costs
Order effective 15 January 2025; conditional clocks and written changes. Performance, payment and extensions unverified.
USD 80 m settlement comprises USD 79.075 m penalty and USD 925,000 state administrative costs, payable 20 calendar days after payment instructions. Block later expected payment by/about February 2025; no receipt acquired. Costs are neither consultant fees nor consumer redress. Covered-conduct release is conditioned on full payment. Financial details: value: 80,000,000; currency: USD; kind: settlement obligation; no payment receipt established; period: 20 calendar days after receipt of payment instructions
Participating state money-transmission regulators → Multistate Block BSA/AML order — January 2025
entered multistate consent instrument with Block
Effective 15 January 2025; Colorado signature in fuller copy dated 16 January 2025. No common signing day asserted.
Public order refers to AML findings in an not obtained November 2023 examination report. Block neither admits nor denies violations; general release/press-summary categories are not a proved catalogue of specific failures. Maine copy has signature/party/allocation differences as unresolved metadata.
Participating state money-transmission regulators → State order Executive Committee
act through specified Executive Committee
Order effective 15 January 2025; conditional clocks and written changes. Performance, payment and extensions unverified.
Initial committee comprises Arkansas, California, Massachusetts, Texas and Washington representatives. It is not the eight examining states, seven enforcement leads or every participating regulator; representation may be replaced under the order.