Block: Inflated user metrics and “frictionless” fraud facilitation
FYI if anyone is interested I can prove it -- Cash App is engaged in a massive stock trading fraud.<p>I noticed one day that my books were off (down) by 1 penny. When I dug into it, I figured out that Cash App is providing their customers with conflicting reports for their stock sales.<p>In the app, the sales report rounds pennies up, in the actual sale, whose records are only available through more complex data export process, the penny in the sale is rounded down, and they are keeping the difference.<p>I found the rule in the legal terms which states that the calculation in the app presented to users is the correct one, and the penny is illegally missing.<p>This is for every trade for every one of their users. The aggregate amount of money is huge.<p>Edit: I just looked back at my analysis and now remember in some cases the missing money is more than one penny. If anyone would like to contact me one on one I can provide more proof.