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. [Source]
Publication Date:Origin: nytimes.com
Category: Mobile Applications
Topics: protections, customer, incomplete”, “woefully, called, regulators, federal, restitution, fines, hefty, racked, Block, Dorsey’s, owned, transfer-money, Fraud, Penalties, Million, Ordered
Source: https://www.nytimes.com/2025/01/16/business/cash-app-fraud-settlement.html