The transfer-money app, owned by Jack Dorsey’s Block, racked up a hefty bill of fines and restitution for what federal ...
The Consumer Financial Protection Bureau announced the order on Thursday in the waning days of the Biden administration.
The Consumer Financial Protection Bureau ordered Cash App (SQ) operator Block to pay a total of up to $175 million for ...
Each state will receive $1.6 million from the settlement, according to the R.I. Department of Business Regulation.
The Consumer Financial Protection Bureau on Thursday ordered payments firm Block to pay a penalty, citing fraud and weak ...
The state’s financial regulators joined 47 others in taking against Cash App’s parent company for violations of bank secrecy ...
Block Inc. was fined by dozens of state regulators and then ordered by the Consumer Financial Protection Bureau to refund ...
Block has agreed to pay $80 million in a settlement with dozens of state regulators over alleged problems with its program to ...
Block violated the Bank Secrecy Act and anti-money laundering laws aimed at safeguarding the financial system from illicit ...
Cash App's parent company Block failed to investigate fraud and unauthorized transactions, and refused to refund customers, the Consumer Financial Protection Bureau said.
If you lost money to scammers or had your account frozen on a popular peer-to-peer payment platform, you might be due for a ...
The owner of Cash App has been ordered to pay up to $120 million to victims of fraud on its payments platform on top of a $55 ...