JUNEAU, Alaska, July 10 -- The Alaska Department of Law (Attorney General) issued the following news release:
July 8, 2026
(Juneau, AK) - Today, Acting Attorney General Mills announced a $45 million multistate settlement with Block, Inc., the company behind the popular peer-to-peer payments app Cash App. The settlement resolves allegations that Block misled consumers about the safety of Cash App, failed to protect users from fraud on the platform, and didn't provide the fraud protection and resolution that it promised and that was required by law. In short, the company failed to help people when things went wrong.
"People use apps like Cash App every day to send money, and they need to know their money is safe," said Acting Alaska Attor...