Block reaches $45M settlement with 46 states over Cash App fraud probe

State attorneys general said they found that Block misled users by falsely advertising that Cash App provided bank-like ...
American Banker

Block to pay $45M to states for fraud on Cash App

A settlement with 46 states resolves allegations that Block's Cash App engaged in deceptive marketing and failed to maintain ...

Block, Owner of Cash App, to Pay $45M in Multistate Settlement

Forty-seven states reached a $45 million settlement with Block, the company behind Cash App, over how it handled fraud and the company's misleading communication with users. The states alleged Block ...

Alabama part of $45 million multistate settlement with Cash App parent company Block

Alabama Attorney General Steve Marshall announced a multistate settlement with Block, Inc., the company behind the popular ...
The Next Web

Jack Dorsey’s Block settles Cash App fraud claims with 46 states for $45m

Block will pay $45m to 46 US states over Cash App fraud handling, as state regulators move into ground the weakened CFPB has vacated.
Digital Transactions

Block Agrees to Pay CFPB Fines Over Cash App’s Alleged Sloppy Fraud Prevention

Block Inc. reached an agreement with the Consumer Financial Protection Bureau early Thursday under which it will pay up to $175 million in restitution for what the CFPB claims were sloppy and ...
Digital Transactions

Block Looks to Cash App and Loans as Growth Drivers in 2025

Cash App was a big growth driver last year for Block Inc. and is expected to remain so as 2025 unfolds, the company said during a conference call late Thursday to discuss Block’s fourth-quarter ...