# Block Agrees in Principle to $964 Million DOJ Deal Over Cash App

By Riza Dagoc

Canonical URL: https://www.tokenpost.com/news/regulation/50387
Published: 2026-11-06T22:20:07.000Z
Updated: 2026-11-06T22:20:07.000Z
Section: Regulation

> Prosecutors would defer a Bank Secrecy Act charge for three years and seek dismissal if Block fulfills its obligations.

Block has agreed in principle to a $964 million deal with the U.S. Department of Justice concerning anti-money-laundering deficiencies tied to Cash App. Under the proposed terms, prosecutors would defer a Bank Secrecy Act charge for three years.

The proposed arrangement would postpone the charge rather than dismiss it immediately. Prosecutors would seek dismissal only if Block fulfills its obligations under the deal. The charge would allege a violation of the Bank Secrecy Act (BSA), the statute named in the proposed case.

The three-year period is central to the agreement: prosecutors would hold off on bringing the BSA charge while Block meets the deal’s requirements. If the company satisfies those obligations, prosecutors would then seek to dismiss the charge. That makes dismissal conditional on Block’s fulfillment of the agreement.

Cash App is the product identified in the anti-money-laundering matter, while the proposed charge is against Block under the BSA. The agreement sets out a three-year period, after which prosecutors would seek dismissal only if Block has met its obligations.