Nicki been on the money and exposing things early.
They called her crazy about payola. They called her crazy about the bots we see today.
She’s always ahead of the game.
⚖️COURT UPDATE⚖️Block, Inc., formerly known as Square, has agreed to a multistate settlement requiring major changes to Cash App’s fraud protections, customer service, account restrictions and error-resolution practices, along with tens of millions of dollars in payments and consumer relief.
The Texas filing is an agreed final judgment between Block and the State of Texas. Block enters the judgment without admitting wrongdoing or liability, and the parties waive their right to appeal.
The settlement resolves an investigation into Cash App’s compliance with the Texas Deceptive Trade Practices Act, the Electronic Fund Transfer Act, and Regulation E.
Texas is one of 48 participating states entering similar agreements with Block.
Under the judgment, Block must pay $45 million to participating state attorneys general within 30 days of the July 8, 2026 effective date.
Texas is allocated $4,916,821.80 of that amount.
Of Texas’s share, approximately $1.64 million is allocated to attorneys’ fees, investigative fees and costs, while approximately $3.28 million is allocated to state judicial and general-revenue funds.
The judgment also requires consumer redress of at least $75 million and no more than $120 million.
However, Block’s redress payments under a January 2025 Consumer Financial Protection Bureau consent order will count toward satisfying that requirement, meaning the company is not required to duplicate payments already made through that federal process.
The agreement imposes extensive operational requirements on Cash App.
Block must maintain a comprehensive compliance-management system and create or maintain a management committee responsible for overseeing compliance with the judgment.
That committee must report quarterly to Block’s board or a board committee.
Block must also train employees and contractors responsible for carrying out the settlement, including annual training for workers handling unauthorized electronic-fund-transfer claims.
Cash App is prohibited from making misleading statements about whether it is a bank, whether funds are protected by FDIC insurance, the level of fraud protection offered to consumers, customer service and the handling of error claims.
Where applicable, Cash App must clearly disclose that it is a financial-services platform and not a bank and that banking services are provided through partner banks.
The agreement also requires Cash App to educate users about common types of fraud and maintain procedures designed to prevent account takeovers.
One of the most significant sections concerns customer support.
Cash App must maintain live support 24 hours a day, including live human telephone support for at least 13.5 hours per day and live human chat for at least 18 hours per day.
The phone-support hours must include the period from 5 p.m. to 6:30 p.m. Pacific Time.
Cash App must clearly display its live customer-service telephone number, chat-access instructions and service hours on its website and inside the app.
The settlement also sets detailed rules for investigating unauthorized electronic transfers.
When a consumer submits a valid notice of error, Cash App must conduct a prompt and reasonable investigation, provide the results to the consumer, correct confirmed errors and issue provisional credit within 10 business days if the investigation cannot be completed in that period.
Cash App may not require consumers to contact the recipient of a transfer, file a police report or provide information beyond what Regulation E requires before opening an investigation.
The company also may not refuse to investigate simply because the disputed transaction came from a linked payment instrument.
The judgment requires clearer procedures for locked, suspended, and deactivated accounts.
Where legally permitted, Cash App must promptly notify users about account restrictions, explain how they may access their funds, and explain how the restriction may be addressed.
Block must also promptly review consumer inquiries about locked, suspended, or deactivated accounts and maintain reasonable timelines for restoring access where appropriate.
The settlement further requires Block to strengthen fraud-detection systems, identify accounts suspected of fraudulently inducing transactions, prevent associated users from returning to the platform, track fraud complaints and trends and provide fraud warnings during transfers when suspicious activity is detected.
Block must submit annual reports describing its compliance efforts and fraud-prevention controls.
Several of the operational requirements remain in effect for five years, while the consumer-education requirement remains in effect for seven years.
The judgment also releases Block from certain civil claims by the Texas Attorney General relating to covered conduct before July 8, 2026 once the required state payment is made. Criminal liability and unrelated civil or administrative claims are not released. FULL DOCUMENTS BELOW👇🏾👇🏾👇🏾
FINAL JUDGEMENT - https://t.co/LdF7bWbiKj
Meet Fahima Mahamud:
- Operated the largest government funded Learing Center in Minnesota, received over $4.6 million
- Also received $850,000 for the Feeding Our Future scam and bought real estate with the money
- Tried to escape to the UK before being caught by the FBI
- Just PLEAD GUILTY to daycare fraud and covid fraud
Leared and found out. Enjoy prison 😘
#JayZ you let Desirat do a lot of evil to black ppl & you stayed silent. We used to believe you. You went out sad nigga.
This is all alleged & for entertainment purposes only.
Desirat did you get that 40MM?
55 & paying for bots?
Oh bot nation
@Domthgreat 🎯 UMG Recordings handled the global distribution of the defamatory statements in “Not Like Us”. For the Super Bowl and the dozens of high-profile celebrities that stamped it, all roads seemingly lead back to Jay-Z and Roc Nation.
IHeartMedia Has Reached A Settlement With The FCC Following Its Payola Investigation. The Company Agreed To Strengthen Its Compliance And Reporting Policies To Ensure Future Compliance With Federal Broadcasting Rules.
The Investigation Centered On Allegations That Some Artists Were Pressured To Perform At Station-Sponsored Concerts And Festivals For Free Or At Reduced Rates In Exchange For More Favorable Radio Airplay.
Not the first time iHeartMedia has settled after facing allegations of payola. In February 2025, iHeartMedia settled with Drake after he filed a petition accusing UMG Recordings and iHeartMedia of using payola to inflate the success of “Not Like Us”.
Jay-Z’s company, Block Inc., where the rapper serves on the Board of Directors, has agreed to pay $45 million to settle allegations over how Cash App handled fraud.
The settlement was reached with a coalition of 46 U.S. states and stems from claims that the company failed to adequately protect users of its money-transfer and digital-banking app, which has approximately 59 million active users.
Never forget: in Drake’s discovery motion filed in Bexar County District Court, his legal team doubled down on claims that UMG paid iHeartMedia for radio play.
They also pointed to the FCC investigating iHeartMedia over alleged payola violations. Specifically to Kendrick Lamar’s “Not Like Us.”
So the real question is: will hip-hop media cover this the same way they covered that Spotify lawsuit accusing Drake of using bots?
https://t.co/KVuheC1bWU
Akademiks predicts that famous Roc Nation groupie/sponsor Charlamagne Tha God will gaslight the audience into believing that he did disclose that he works for Roc Nation because it’s listed on the official New York State Gaming Commission disclosure form.
The site that this form is on is not well known like that, so, allegedly, in our opinion, they thought they were safe keeping Charlamagne’s ties to Roc Nation hidden from the public. Allegedly, in our opinion, they likely assumed the public either didn’t know this form existed or wouldn’t think to look into a lesser-known disclosure form like this, meaning Charlamagne being listed as a Roc Nation sponsor would go unnoticed.
What he won’t tell you, is that he’s denied working for Roc Nation and has downplayed the overall relationship to make himself seem unbias in all situations involving Roc Nation & Jay Z.
They think the public is dumb. Don’t let them fool you.
Jay-Z & Block Inc.: The Recent $45 Million Cash App Settlement Blow
Block Inc. (Jack Dorsey’s fintech giant behind Square and Cash App) and its board, including Jay-Z (Shawn Carter, director since the 2021 Tidal deal), just took a major regulatory hit
The Big Loss: Multistate Cash App Fraud Settlement (July 2026)
• 46 states + New York AG secured $45 million from Block.
• Allegations: Block misled users about Cash App’s safety and fraud protections while scams exploded. The company promised advanced detection and security (like a bank) but allegedly failed to deliver, leaving victims unprotected amid rising fraud, money laundering risks, and illicit activity.
• Block knew fraud was surging but doubled down on marketing instead of fixes. As a board member, Jay-Z shares fiduciary oversight responsibility for compliance and risk management.
• Required reforms: Better fraud tools, live customer service, no more misleading ads.
This comes on top of earlier AML/BSA violations settlements (tens of millions more across states) and Hindenburg Research’s 2023 accusations of lax controls enabling fraud/impersonation