Cash app fraud – Breaking News & Latest Updates 2026
Skip to main content
The homepageThe VergeThe Verge logo.
The homepageThe VergeThe Verge logo.
Posted
T
External Link
Thomas Ricker
Cash App fraud.

Block has reached a $45 million settlement with 46 US states over allegations of inadequate fraud protection for its mobile payment service. The platform was accused of misleading users about its safety, and for expanding marketing when fraud claims recently spiked instead of strengthening protections. It must now provide 24-hour customer support and cease deceptive marketing.

Follow topics and authors from this story to see more like this in your personalized homepage feed and to receive email updates.
Comments
Loading comments
Getting the conversation ready...

Most Popular

Most Popular
  1. It’s not just LG. Every TV company is spying on you
  2. OpenAI and Microsoft knew they were starting a ‘doom loop’ for the web
  3. The 2.5-hour AI-generated Odyssey movie is 2.5 hours too long
  4. Gemini went rogue, hacked three companies, and Google hid it
  5. The Apple Watch Series 12 is the start of a new wearable era

More in Business

Sam Altman says OpenAI going public in 2026 would be ‘ill-advised’Sam Altman says OpenAI going public in 2026 would be ‘ill-advised’
Nvidia is buying Hugging Face for almost $13 billionNvidia is buying Hugging Face for almost $13 billion
Microsoft discloses Azure revenue as part of major financial reporting changesMicrosoft discloses Azure revenue as part of major financial reporting changes
John Ternus takes over as Apple’s new CEOJohn Ternus takes over as Apple’s new CEO
John Ternus is now the CEO of AppleJohn Ternus is now the CEO of Apple
Richard Lawler and Thomas Ricker
FTC lawsuit alleges Amazon has been ‘secretly and systematically’ overcharging for adsFTC lawsuit alleges Amazon has been ‘secretly and systematically’ overcharging for ads

Top Stories