Block accused of mass compliance failures that saw digi-dollars reach terrorists

Developer of Square and Cash App reportedly has big back-end problems it was slow to fix

Fintech biz Block is reportedly under investigation by US prosecutors over claims by a former employee that lax compliance checks mean its Square and Cash App services may have been used by terrorists – or in countries that US orgs are not permitted to do business.…

This article has been indexed from The Register – Security

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