AG Marshall 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. Alabama will receive $595,421 in the settlement.

“We have long advised consumers to use caution when using peer-to-peer programs for payments. This settlement sends a clear message that companies offering these services must be transparent, secure, and accountable. Our office will continue to hold bad actors responsible and fight to ensure that consumers are protected in the digital marketplace.” -AG Marshall