Posted Jul 9, 2026 at 6:29 AM UTCTExternal LinkCash App fraud.Block has reached a $45 million settlement with 46 US states over allegations of inadequate fraud protection for its mobile payment service. The platform was accused of misleading users about its safety, and for expanding marketing when fraud claims recently spiked instead of strengthening protections. It must now provide 24-hour customer support and cease deceptive marketing.Follow topics and authors from this story to see more like this in your personalized homepage feed and to receive email updates.Thomas Ricker
Cash App fraud.
Block has reached a $45 million settlement with 46 US states over allegations of inadequate fraud protection for its mobile payment service. The platform was accused of misleading users about its safety, and for expanding marketing when fraud claims recently spiked instead of strengthening protections. It must now provide 24-hour customer support and cease deceptive marketing. [Link: Cash App parent settles states' probe over fraud protections for $45 million | https://www.reuters.com/legal/government/cash-app-parent-settles-states-probe-over-fraud-protections-45-million-2026-07-08/ | reuters.com]
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