Cash App Parent Block to Pay $45M to States Over Fraud, Deceptive Safety Claims

Cash App Parent Block to Pay $45M to States Over Fraud, Deceptive Safety Claims

Block Inc., the parent company of Cash App, will pay $45 million to 46 states to settle allegations that it misled consumers about the app’s safety, failed to protect users from scams and fraud, and did not provide required fraud resolution services, according to a bipartisan coalition of state attorneys general.

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