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Block To Pay $45M To End State Claims Over Cash App Fraud

Closeup of smartphone screen with the Block name logo and logo of 9 squares arranged as a larger square block.

By Aislinn Keely

A coalition of 46 states announced Wednesday that Cash App parent company Block Inc. will pay $45 million in a multistate settlement to resolve claims it misled users on the safety of its payment app and failed to protect them from fraud.


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  • Alex Smolak
    After Durnell, Connecting Science And Causation Will Be Key
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  • Katherine Goldstein
    Prediction Market Case Will Test US Insider Trading Reach
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    As Quantum Computing Evolves, So Do Antitrust Risks
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  • Kenneth Notter
    DOJ Shifts Raise Ethics Questions For White Collar Defense
    Recent shifts in U.S. Department of Justice clemency and charge-dismissal practices create ethical gray areas for white collar defen... (read more)
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