$255 Million Will be Paid by Cash App in Penalties Over Fraud – Here’s All You Need to Know
Block Inc. has been fined a total of $255 million by the Consumer Financial Protection Bureau (CFPB) and U.S. state authorities for fraud and anti-money laundering (AML) violations connected to its well-known mobile payment app, Cash App. Block, a technology company owned by billionaire Jack Dorsey, has gained billions of dollars with Cash App, a … Read more