Cash App Settles Nevada Fraud Lawsuit | Reno News

Reno News Today | 2 Min News | The Daily News Now! · Jul 9, 2026 · 1m

Nevada’s AG just landed a $45 million settlement with Block (Cash App) — $466K for the state, $120M for victims. The deal comes after AG Aaron Ford accused Block of knowingly enabling fraud: fast sign-ups with minimal verification, misleading claims of bank-level security, and years without a real customer support line — forcing users to call scam numbers. Now Block must overhaul its system: 13.5 hours of live phone support, 18 hours of chat, stop promoting fraud-friendly features, investigate claims, and reimburse victims. Users finally get the protection they’ve been waiting for. Listen in…