Jack Dorsey’s Block Faces Federal Probe Over Alleged Bitcoin Transactions For Terrorist Groups

May 2, 2024, 10 p.m. 7 months, 2 weeks ago

Jack Dorsey’s Block Faces Federal Probe Over Alleged Bitcoin Transactions For Terrorist Groups. According to an NBC report, federal prosecutors have initiated an investigation into Block, the financial technology company founded by Twitter co-founder Jack Dorsey, following allegations of compliance failures and links to terrorist networks through alleged crypto transactions.  Notably, a former employee of Block has provided documents to the …


Read more on Bitcoinist

Who, What & Where

Block


A batch of transactions that have occurred on a blockchain within a …

Block

Block


Block, formerly known as Square, is a financial services and mobile payment …

X

X


Formerly known as Twitter

Jack Dorsey

Jack Dorsey


Jack Dorsey, co-founder of Twitter and CEO of Block (formerly Square), is …