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Cash App customers to see refunds

Cash App owner to pay up to $175 million for failing to protect customers from fraud, feds say

Cash App-owner Block must offer up to $120 million in refunds to consumers who federal regulators say were exposed to potential fraud.

SFGATE on MSN · 1d

Bay Area company ordered to pay at least $75 million to wronged Cash App customers

Block, based in Oakland, was ordered Thursday to pay out at least $75 million to customers who had bad service experiences with Cash App.

The New York Times · 3d

Cash App Ordered to Pay $255 Million in Penalties Over Fraud

The transfer-money app, owned by Jack Dorsey’s Block, racked up a hefty bill of fines and restitution for what federal regulators called “woefully incomplete” customer protections.

3don MSN

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 ...

3don MSN

Jefferies bullish on Block stock as compliance updates mitigate Cash App churn

Jefferies reiterated their Buy rating on Block Inc. (NYSE: SQ) stock, maintaining the price target of $110.00. The firm's analysis indicates that Block Inc. has effectively integrated changes to its ...

3don MSN

Block will pay $80M fine to state financial regulators over AML law violations

Block (NYSE:SQ) has agreed to an $80M settlement with 48 state financial regulators who found that one the company's payment ...

CNET on MSN6d

IRS 1099-K Update: Venmo, PayPal and Cash App Users Should Know About This New Tax Rule

Originally set to kick off at the beginning of 2022, the IRS planned to implement a new reporting rule that would require ...

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