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FTC probes Block after complaints of frozen accounts
Seeking Alpha ·
Seeking Alpha reports: The Federal Trade Commission is looking into whether Block , the parent of Cash App and Square, violated consumer protection laws, according to a legal filing submitted late Wednesday. The agency said it began investigating whether the fintech provided sufficient customer services to remedy the alleged account issues early this year. The FTC received more than 1,500 consumer complaints about Square, alleging that the company had frozen or deactivated users' access to…