Cash App fined $255 million in back-to-back settlements
The money transferring app, owned by Jack Dorsey’s Block Inc., is accused of “allow[ing] fraud to proliferate” by the ...
Cash App customers to see refunds after up to $175 million settlement
Cash App's parent, Block Inc., settled two regulatory actions, one with the Consumer Financial Protection Bureau and another ...
Cash App Owner Hit With Fines in Back-to-Back Settlements
Block Inc. was fined by dozens of state regulators and then ordered by the Consumer Financial Protection Bureau to refund ...
48 states hit Cash App operator with a $80m fine
Each state will receive $1.6 million from the settlement, according to the R.I. Department of Business Regulation.
Cash App parent company agrees to $80M settlement
Block Inc., developer of the popular Cash App digital wallet, agreed to pay $80 million for violating money-laundering and other regulations, the Maine Bureau of Consumer Credit Protection announced ...
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New Mexico to get $1.6M from settlement with Cash App parent company
The parent company of Cash App will pay around $1.6 million to New Mexico to settle claims that the company wasn't doing ...
US state regulators fine Block Inc $80 million for insufficient money laundering controls
Block Inc has agreed to pay a fine of $80 million to a group of 48 state financial regulators after the agencies determined ...
Cash App Owner to Pay $80 Million Over Alleged Anti-Money-Laundering Deficiencies
Block has agreed to pay $80 million in a settlement with dozens of state regulators over alleged problems with its program to ...