Federal prosecutors are examining financial transactions at Block, owner of Cash App and Square

episode

Elon Musk Podcast not yet transcribed

▲ 0

Transcript

This episode hasn't been transcribed yet Upvotes decide what gets transcribed next — 0 so far. Sign in to upvote

More from Elon Musk Podcast

Musk Wins Delaware Court Restores Tesla Pay Package in Full 11 min · 20 Dec 2025

All episodes from Elon Musk Podcast →

Report any issue

Source

Recorded03 May 2024

Publisheranchor.fm ↗

Handlerec:7051066

Show notes

Federal authorities are scrutinizing financial operations at Block, the parent company of Cash App and Square, according to sources close to the matter. These investigations focus on compliance shortcomings within the company’s major subdivisions, stretching back several years. Documents from a former employee allege that the company has been remiss in its regulatory duties, including failing to adequately report transactions that breach U.S. sanctions and involve high-risk countries.

Ask this episode

“What did the council decide on item 42?” — answered with the speaker and the moment.