Cash App Settles Fraud Claims | San Francisco News

Cash App’s parent company Block is paying $45 million to 46 states to settle fraud protection claims, after regulators accused the platform of lax security and misleading users—making it easy for scammers to thrive. Users could sign up with minimal info, and without a real customer support line, victims often fell prey to fake numbers. Block denies wrongdoing, saying the settlement resolves past issues and highlights major upgrades to fraud prevention and live customer support—now available 13.5 hours daily. This follows a separate $20 million Washington state settlement over pandemic-era unemployment fraud, underscoring mounting pressure on Cash App’s security protocols. Listen in comfort:Get a discount on a Soli Pillow: http://solipillow.com/discount/dnn. Advertise on DNN:[email protected] This is an automated, high-level news summary based on public reporting.Report issues to [email protected]. View sources & latest updates:https://sources.thednn.ai/a787ae4b9588a53c