Block proposes $964 million DOJ agreement before credits
Block proposes a DOJ agreement totaling about $964 million before credits, with a net payment of about $764 million. A final agreement and court approval remain pending.
Laws, regulators and policy in Korea, Canada and beyond.
Block proposes a DOJ agreement totaling about $964 million before credits, with a net payment of about $764 million. A final agreement and court approval remain pending.
Korea’s Virtual Asset User Protection Act safeguards deposits and regulates unfair trading. Gaps remain in specialized dispute resolution and asset recovery.
Tracing stolen cryptoassets does not ensure recovery. Legal contributions to Signals examine freezing duties, faster remedies, cross-border coordination and specialized arbitration.
AI capability does not confer authority. Organizations must decide what to delegate, how to verify execution, and how to stop failures, while setting their own risk thresholds.
Security in Korea’s AI for All initiative depends on the systems behind the assistant. Review access, accountability, and human support, and test failures before scaling.