Louisiana gets $557K from Cash App settlement after users left exposed to scams and fraud

Louisiana will receive $557,086.81 from a $45 million multistate settlement with Block, Inc. (Cash App) over allegations the company misled users about platform safety, failed to protect against fraud, and inadequately addressed scamming risks. The settlement, led by Oregon and Texas, resolves claims that Cash App's weak security and policies exposed users to fraud, including fake customer service lines and vulnerable promotions like Cash App Fridays.