tiprankstipranks
Trending News
More News >
Advertisement
Advertisement

Federal regulators probing whistleblower allegations about Cash App, NBC reports

Federal financial regulators are exploring allegations by two whistleblowers that Cash App, Block’s popular mobile payment platform, and entities providing transaction services to its users performed inadequate due diligence on customers, potentially opening the door to money laundering and other illegal activities, reported NBC News’ Gretchen Morgenson.

Meet Your ETF AI Analyst

Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>>

See the top stocks recommended by analysts >>

Read More on SQ:

Disclaimer & DisclosureReport an Issue

1