US woman arrested over fraudulent CashApp account opened in her name
- —The fraudulent CashApp account tied to Smith was linked to a $1,000 scheme
- —Phone, IP, device and profile address did not match Smith's real details
- —CashApp denied access to the account data, citing inability to verify ownership
- —Smith faces up to six years in prison after three nights in custody
Why it matters: The case raises questions about platform liability for KYC data leaks and the risks to legitimate users.
Source: BeInCrypto RU