Millions of Americans use Cash App to send and receive money daily. On Thursday, Alabama Attorney General Steve Marshall announced the state has joined a $45 million multi-state settlement with Block Inc., the app’s parent company, resolving allegations it misled consumers about security and failed to adequately protect users from fraud.
Alabama will receive $595,421 under the agreement.
According to the Attorney General’s Office, the settlement resolves allegations that Block misled consumers about Cash App’s safety, failed to protect users from fraud and did not provide the fraud protection and resolution it promised or that was required by law…