$45M Settlement Reached Over Cash App Fraud Protections

Consider writing about:

A $45 million settlement between Block Inc. and 46 states over Cash App’s fraud protection performance; alleged customer harms or risks resulting from Block systems or practices; practices that Block is required to implement (or, in some cases, cease) as part of the multistate settlement; how Cash App and similar companies are regulated, compared to a traditional lending institution; what the Block Inc. settlement may demonstrate regarding state AGs’ priorities and powers, whether generally speaking or in the context of a response to the second Trump administration’s approach to regulation and oversight.

Related information:

https://nebraskapublicmedia.org/en/news/news-articles/nebraska-attorney-general-announces-45-million-multistate-settlement-with-company-behind-cash-app