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CFPB Orders Operator of Cash App to Pay $175 Million and Fix Its Failures on Fraud | Consumer Financial Protection Bureau
https://www.consumerfinance.gov/about-us/newsroom/cfpb-orders-operator-of-cash-app-to-pay-175-million-and-fix-its-failures-on-fraud/
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The CFPB ordered Block, the operator of the peer-to-peer payments app Cash App, to refund consumers $120 million and pay a penalty of $55 million.