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CashApp Settles for Kentucky | Lexington News
Kentucky’s Attorney General just secured a $45 million settlement with CashApp over deceptive practices, account freezes, and misleading security claims — a win for hundreds of thousands of Kentuckians who lost trust in the platform. The investigation, launched in 2021, exposed how Block Inc. misled users nationwide. Now, CashApp must overhaul customer support with 24/7 live help and report anti-fraud efforts to state AGs — while a $75M–$120M national fund is also on the table for affected users. This isn’t just restitution — it’s a wake-up call for digital finance companies to prioritize…
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