Block, the parent company of popular online payment service Cash App, has been ordered by a federal agency to pay as much as $175 million because of repeated failures by the financial services ...
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CBS News: Cash App owner to pay up to $175 million for failing to protect customers from fraud, feds say
Cash App owner to pay up to $175 million for failing to protect customers from fraud, feds say
USA Today: Cash App's parent company ordered to pay $175M for weak security procedures, feds say
The Consumer Financial Protection Bureau has ordered Block, Cash App's parent company, to pay $120 million to Cash App users and $55 million to its victim relief fund. The Consumer Financial ...
Cash App's parent company ordered to pay $175M for weak security procedures, feds say
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