Attorney General Aaron M. Frey today 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 promised and that was required by law. In short, the company failed to help people when things went wrong. As part of the settlement, Maine will receive $338,513.06.

“Cash App recklessly prioritized growth of their business over basic consumer protections, often at the expense of customers who were needlessly left open to fraud. This settlement provides compensation to address customer losses and provides other relief to ensure customers of Cash App are protected.” – AG Frey