State attorneys general said they found that Block misled users by falsely advertising that Cash App provided bank-like protections, including advanced fraud detection.
In Brief
Posted:
8:16 AM PDT · July 9, 2026
Image Credits:Thomas Fuller/SOPA Images/LightRocket / Getty Images
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.
Block, Inc. settles states' probe over Cash App fraud protections for $45M
Cash App fraud.
Jack Dorsey’s Block settles Cash App fraud claims with 46 states for $45m
Cash App reaches $45 million settlement with 46 states over alleged failure to protect users from fraud
Cash App owner Block to pay $45 million after states say it made false security promises
Jack Dorsey’s Block To Pay $45 Million Fine As States Step In For Withering CFPB
Block, Inc. agreed to pay $45 million to 46 state attorneys general over allegations Cash App misled users about fraud…
Block has reached a $45 million settlement with 46 US states over allegations of inadequate fraud protection for its mobile…
Block will pay $45m to 46 US states over Cash App fraud handling, as state regulators move into ground the weakened CFPB has…
According to the indictment, Block exposed its users to fraud by misleading them about Cash App's security. The company promised…
Block Inc. has agreed to pay $45 million to settle allegations brought by regulators in nearly every U.S. state.
The Trump Administration has gutted the CFPB, but states like Texas, Oregon and New York are targeting payments firms and filling…
