CLAIM: CNN has reported that online payment service Cash App has gone bankrupt. THE FACTS: As Cash App dealt with a system outage that prevented customers from accessing their accounts this week, some social media users suggested the online company had gone belly up. The social media user who originally posted the bankruptcy claim also admitted he’d fibbed in a number of expletive-filled responses to alarmed commeters. On the social media platform formerly known as X, Cash App wrote that customers could once again add cash, make purchases with their Cash Card and buy Bitcoin. “We’re continuing to get the ability to send payments and cash out back up and running,” Cash App wrote.

Source: CNN September 09, 2023 16:03 UTC