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Mar 5, 2025, 8:10 am178 pts
9to5Mac![photo of Zelle scams lead Chase Bank to block some payments; government lawsuit dropped [U] image](https://i0.wp.com/9to5mac.com/wp-content/uploads/sites/6/2025/02/Zelle-scams-lead-Chase-Bank-to-block-payment-to-social-media-contacts.jpg?resize=1200%2C628&quality=82&strip=all&ssl=1)
Update: CNBC reports that the Consumer Financial Protection Bureau has dismissed its lawsuit against the three lead banks, as the White House downsizes the consumer rights agency. A high rate of Zelle scams originating from social media contacts has led JPMorgan Chase Bank to block payments made through social…
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