MEDIUMVulnerability
Global

Block reaches $45m Cash App fraud probe settlement with US states

·Source: Finextra

Updated:

Executive Summary

Block has reached a $45 million settlement with 46 US states over allegations that the firm's Cash App peer-to-peer payments app failed to protect users from fraud.

Analysis

Block has reached a $45 million settlement with 46 US states over allegations that the firm's Cash App peer-to-peer payments app failed to protect users from fraud.
Source Attribution

Originally published by Finextra on Jul 9, 2026.

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