$45 million settlement provides support for Cash App fraud victims

Texas Attorney General Ken Paxton secured a $45 million settlement with Block Inc. to resolve customer fraud and safety claims. Simultaneously, Nebraska participated in a multi-state settlement involving Cash App. This follows a Consumer Financial Protection Bureau order requiring Cash App to pay up to $120 million to users affected by fraud or inadequate customer support. These legal actions ensure that victims of fraud and safety issues receive necessary financial support and restitution from the company.