Utah Division of Consumer Protection Announces $45 Million Multistate Settlement with Block Inc. Over Deceptive Practices on Cash App

Utah Division of Consumer Protection Announces $45 Million Multistate Settlement with Block Inc. Over Deceptive Practices on Cash App

Utah to Receive $482,183 Salt Lake City—The Utah Department of Commerce’s Division of Consumer Protection, represented by the Office of the Utah Attorney General, today announced a $45 million multistate settlement with Block, Inc., the company behind the popular peer-to-peer payments app Cash App. The settlement resolves allegations that Block misled consumers about the safety of Cash App, failed to …