SECURITYGOTHAMIST
NY AG says Cash App exposed vulnerable users to 'rampant fraud'
The New York Attorney General alleges that Cash App exposed vulnerable users to rampant fraud. Under a new settlement, Cash App's parent company will pay millions to New York, New Jersey, and other states.
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Adjacent reporting
- Louisiana gets $557K from Cash App settlement after users left exposed to scams and fraud
- Michigan to get nearly $1M in multimillion-dollar settlement over misleading practices on Cash App
- Cash App settlement: Block agrees to pay up to $165M in fraud claims
- $45 million settlement provides support for Cash App fraud victims
- Vermont gets $1.3 million to settle allegations Cash App did not shield users from fraud