Cash App reaches $45 million settlement over alleged failure to...

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2026-07-12 03:12:50

https://news-span.org/cash-app-reaches-45-million-settlement-over-alleged-failure-to-protect-users-from-fraud

Cash App reaches $45 million settlement over alleged failure to protect users from fraud

According to the indictment, Block exposed its users to fraud by misleading them about Cash App's security. The company promised advanced fraud detection mechanisms but allegedly allowed scammers to operate freely. Investigators further alleged that the app did not provide a phone number for customer support, leading many users to...Read Entire Article