Tech

Don’t Store Your Money on Venmo, U.S. Govt Agency Warns

Venmo, Cash App, and PayPal users are being warned not to store money on the apps long-term, the watchdog Consumer Financial Protection Bureau (CFPB) said on Thursday, following Silicon Valley Bank, Signature Bank, and First Republic Bank’s failure when customers tried to withdraw money en masse. CFPB is worried about…

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