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Jack Dorsey’s Block Rebuffs Cash App Fraud Allegations With Data Disclosure

Posted on March 30, 2023

Block, the Jack Dorsey-owned parent company of Cash App, is contesting accusations of fraud and rampant fake accounts with a new data disclosure. In a Thursday memo to investors, the company claimed that 44 million of Cash App’s total 52 million active monthly accounts have been authenticated via its “Identity…

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