---
title: "FTC probes Block after complaints of frozen accounts"
type: "News"
locale: "en"
url: "https://longbridge.com/en/news/301315203.md"
description: "The FTC is investigating Block (XYZ), parent of Cash App and Square, for alleged consumer protection violations following over 1,500 complaints about frozen accounts. The agency issued a Civil Investigative Demand on Jan. 22, 2026, seeking information on account practices. A recent filing seeks to enforce this demand after Block failed to verify responses or certify completeness. Consequently, Block's stock dropped 1.9% in late Thursday trading."
datetime: "2026-10-08T19:25:48.000Z"
locales:
  - [zh-CN](https://longbridge.com/zh-CN/news/301315203.md)
  - [en](https://longbridge.com/en/news/301315203.md)
  - [zh-HK](https://longbridge.com/zh-HK/news/301315203.md)
generator: "portal-rs"
---

# FTC probes Block after complaints of frozen accounts


### Related Stocks

- [HRB.US](https://longbridge.com/en/quote/HRB.US.md)
- [SQ.US](https://longbridge.com/en/quote/SQ.US.md)
- [XYZ.US](https://longbridge.com/en/quote/XYZ.US.md)
- [SQY.US](https://longbridge.com/en/quote/SQY.US.md)
- [XYZY.US](https://longbridge.com/en/quote/XYZY.US.md)
- [XYZG.US](https://longbridge.com/en/quote/XYZG.US.md)

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- [Chiefs Partnership Might Change The Case For Investing In H&R Block (HRB)](https://longbridge.com/en/news/302989530.md)
- [Block Director Anthony Mathew Eisen Reports Sale of $1.41 Million in Common Shares](https://longbridge.com/en/news/302786244.md)
- [RBC Capital reiterates Outperform rating on Block, $95 price target](https://longbridge.com/en/news/302584969.md)
- [Long Island's Dime plans to buy Staten Island bank](https://longbridge.com/en/news/302921117.md)

---
> **Disclaimer: This article is for reference only and does not constitute any investment advice.**