Verkkopeople are getting defrauded as they turn to squareโ€™s cash app and paypalโ€™s venmo to do more online banking in the pandemic. Itโ€™s popular with scammers, too. Verkkosome of the most common cash app scams involve phishing attempts, fake giveaways, and cash flipping.

Verkkofederal regulators are exploring allegations that cash app and entities providing services to its users performed inadequate due diligence,.

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