CATrends: Celebrities Deceptively Promoting Cryptoassets
A-listers face lawsuits over promotions of risky and unregulated investments.
Cash App
Case Name (Date)
Gordon et al. v. Block, Inc. and Cash App Investing, LLC
22-cv-6787, N.D. Cal.
(Nov. 2022)
Product/Service
Cash App
(a finance app that allows users to transfer money and purchase stocks and Bitcoin)
Allegations
Misrepresenting that it protects and safeguards consumers’ personal information when such claims are not true and there was a data breach
Status
Pending
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