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> Cash App owner to pay $45 million to settle allegations of lax security

[SOURCE] Recorded Future [DATE: 08/07/2026 20:14] [LANGUAGE: EN]
Cash App owner to pay $45 million to settle allegations of lax security
State attorneys general announced the bipartisan agreement with Block, Inc. on Wednesday, saying that the company incorrectly promised users that Cash App offered the same protections as a bank.
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