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AMB Crypto 2021-02-05 14:12:26

Venmo, PayPal’s crypto focused app is under investigation



The United States Consumer Financial Protection Bureau is investigating PayPal’s Venmo app after the company received a civil investigative demand from the authority, on 5 February. According to reports, the Bureau has alleged that the digital wallet company conducted “unauthorized fund transfers and collections processes.” Leading online payment company PayPal acquired Venmo in 2014 for […]
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