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Block Slapped with $175 Million Penalty by US Consumer Finance Watchdog Over CashApp Issues

2025-01-16Yahoo
Block Slapped with $175 Million Penalty by US Consumer Finance Watchdog Over CashApp Issues

The Consumer Financial Protection Bureau (CFPB) has ordered Block, a leading payments firm, to pay a hefty $175 million penalty due to concerns surrounding its peer-to-peer payments network, CashApp. The penalty includes up to $120 million in redress ...Read more

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