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.…

app back big block cash cash app claims compliance developer dollars employee end failures fintech fix investigation may problems services slow square terrorists under