Block has agreed to pay $45 million to settle claims brought by 46 U.S. states alleging that its peer-to-peer payments app, Cash App, failed to adequately protect users from fraud.
State attorneys general said they found that Block misled users by falsely advertising that Cash App provided bank-like protections, including advanced fraud detection. Block denied wrongdoing.
Originally reported by TechCrunch. Read the full story at the original source.
CommentLoaderSave StorySave this storyCommentLoaderSave StorySave this storyFriendly home robots have been the dream of ...
At a time when AI backlash and data center protests are making headlines, Anthropic’s Claude is rolling out a new ...
We’ve talked before about the hot IPO summer, but with SpaceX just launched to public markets and Anthropic and (m...
News You can snap up a Lego Hubble set before the real one burns up in the atmosphere The $140, 1,252-piece set goes o...