Texas co-leads $45 million settlement with Cash App over deceptive security claims

A settlement has been reached between Block, Inc. and 46 states, including Texas, which is a co-lead in the agreement. The settlement amount is $45 million and is related to Cash App security failures.

The agreement requires major changes to be made to customer support and fraud reporting. Texas residents who use Cash App may be affected by these changes.

Further details about the settlement and its implications are available from the source, FOX 4 News.