S.C. A.G. Alan Wilson Joins $80 Million Enforcement Action Against Block, Inc. and Cash App for BSA/AML Violations
January 22, 2025
January 22, 2025
COLUMBIA, South Carolina, Jan. 22 -- South Carolina Attorney General Alan Wilson issued the following news on Jan. 21, 2025:
Attorney General Alan Wilson announced today that the Money Services Division of the South Carolina Attorney General's Office (the "Money Services Division") and 47 other state financial regulatory agencies have taken coordinated action against Block, Inc. ("Block"), formerly known as Square, Inc., for violations of the Bank Secrecy Ac . . .
Attorney General Alan Wilson announced today that the Money Services Division of the South Carolina Attorney General's Office (the "Money Services Division") and 47 other state financial regulatory agencies have taken coordinated action against Block, Inc. ("Block"), formerly known as Square, Inc., for violations of the Bank Secrecy Ac . . .