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07/12/2026
Pennsylvania joins $45 million settlement with Cash App owner over fraud protections
WOLF 56 Fox
HARRISBURG, DAUPHIN CO. (WOLF) — Pennsylvania will receive more than $1.1 million as part of a $45 million multistate settlement with Block Inc., the owner of Cash App, over allegations the company failed to adequately protect users from fraud and misled consumers about the safety of its platform.
Attorney General Dave Sunday announced Wednesday that the settlement resolves allegations that Block failed to provide the fraud protections and dispute-resolution services it promised users and was legally required to offer.
"Cash App knew peer-to-peer payment apps were prime targets for fraudsters, and instead of taking extra steps to safeguard their platform, they misled and deceived consumers about protections being offered," Sunday said. "The changes required under this settlement will strengthen consumer protections and improve the ability of users to report and resolve fraud."
Under the agreement, Pennsylvania will receive $1,137,695.72, which will be used for future consumer protection and public education efforts.
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