The Consumer Financial Protection Bureau announced the order on Thursday in the waning days of the Biden administration.

"Cash App created the conditions for fraud to proliferate on its popular ... The company also said it uses a number of means to support customers and ensure they are protected while using Cash ...

With no actual live phone support at Cash App, scammers created fake phone support numbers to trick people. Ingenious.

Cash App users who were victims of fraud may have money coming their way ... customers from unauthorized transfers and its customer support phone line. The CFPB ordered Block to update its ...

The CFPB found that Block failed to properly investigate unauthorized transactions and deprived users of meaningful customer support, putting millions of accounts at risk. "Cash App created the ...

Cash App is closing out the week on the hook for $255 million in multiple settlements around its consumer protections. Block, the company that owns Cash App, agreed Wednesday to pay $80 million to 48 ...

"Cash App created the conditions for fraud to proliferate on its popular ... The company also said it uses a number of means to support customers and ensure they are protected while using Cash ...

Consumers who called with concerns about fraud did not receive customer service of any type when they called. The CFPB order pointed out that Cash App failed to provide live customer support from ...

"Cash App created the conditions for fraud to proliferate on its popular ... like never before," and it made investments in customer support and combating scams. "While we strongly disagree ...