CFPB announces a $175M settlement with Block, including $120M in refunds to consumers, saying Cash App allowed rampant fraud while misleading its customers
The company blamed “unprecedented growth during the pandemic.” 🤔 — fortune.com/2025/01/16/j... Justin Maxwell / @303 : hooray — got scammed 2x on cashapp a while back (before venmo had paypal's G&S, after which i never used cashapp for purchases again) [embedded post] LinkedIn: Francis X. Riley III : This is no fire-drill. Regardless of how much of the allegations are true, the focus of the investigation and consent order reveal what peer …