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At close · Tue, Jul 28, 2026
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HomeCryptoRegulationBlock to pay $45 million after states allege false sec…

Block to pay $45 million after states allege false security promises

The Block reports that Block, the Cash App parent company, agreed to pay $45 million following state allegations about misleading security assurances.

The Block reports that Block, the owner of Cash App, will pay $45 million after states said the company made false promises about security.

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