CompanyUnited StatesEst. 2009Website

Block, Inc.

Block, Inc. has been named in 1 documented digital harm incident. The most common harm domain is Fraud & Financial.

Incidents

Fatalities

Minors involved

$0.2M

Financial harm

Documented Incidents

Mar 1, 2024

35-year-old woman loses $200,000 to crypto pig butchering scam on Tinder

The U.S. Department of Justice (DOJ) is seeking to recover $200,000 stolen in a "crypto pig butchering" scam involving Tinder. The scam typically involves victims being lured into investing in cryptocurrency through a romantic relationship established on the dating app. The scammer then disappears after the victim transfers funds. The DOJ's involvement indicates a federal investigation into the fraud. The incident highlights the growing issue of financial fraud in online dating contexts.

Fraud & FinancialAI-Powered Financial Fraud

Platforms

Cash AppOther

Linked Legislation

HB 2411 — Consumer Counsel, Division Of; Expands Duties, Artificial Intelligence Fraud And Abuse

Virginia

AI Fraud Deterrence Act (HR 6306)

United States

By Harm Domain

Fraud & Financial1