Cash App Parent Settles Fraud Claims With 46 States for $45

📌 Cash App Parent Settles Fraud Claims With 46 States for $45 Million – Block Inc. agreed to pay $45 million and improve protections after states accused Cash App of misleading users about safety and failing to curb rising fraud.

Block Inc. agreed to pay $45 million and bolster fraud protections after 46 states accused Cash App of misleading users about safety and failing to curb rising fraud. The settlement demands stronger security controls, clearer user notices and improved reporting; app users and related crypto #cash-4 should see added safeguards. Gonetwork