If you’ve used Cash App anytime between August 23, 2018, and August 20, 2025, you could be eligible for a payout from a proposed $15 million class action settlement. The lawsuit accuses Cash App and its parent company, Block, of mishandling user data security, which led to unauthorized access and fraudulent transactions. Here’s what you need to know about the settlement, how to claim your share, and what steps to take.
Summary of Key Settlement Information
| Detail | Information |
|---|---|
| Settlement Name | Cash App Class Action Settlement |
| Total Settlement Amount | $15 Million |
| Maximum Individual Payout | $2,500 |
| Hourly Compensation | $25/hour (up to 3 hours) |
| Eligibility Period | August 23, 2018 – August 20, 2025 |
| Final Approval Hearing | February 16, 2025 |
| Claim Deadline | November 18, 2025 |
| Payment Date | After final approval hearing |
| Submission Method | Online or Mail |
| Official Website | cashappsecuritysettlement.com |
Background of the Cash App Settlement
The class action stems from data security breaches involving Cash App over the past several years. Notably:
- In 2022, a former employee of Cash App Investing accessed user account data without authorization.
- In 2023, a different security lapse occurred when old phone numbers, still linked to active Cash App accounts, allowed unauthorized access by new users.
- Many users reported unauthorized transactions and personal data exposure.
As a result, affected users now have a chance to seek compensation through this legal settlement.
Who Is Eligible for Compensation?
You may qualify for compensation if you meet any of the following criteria during the eligibility window:
- You were a Cash App or Cash App Investing user whose personal information was accessed without your permission.
- Your Cash App account was affected by unauthorized withdrawals or fund transfers.
- You experienced unresolved errors in your account due to a breach in security.
What Compensation Can You Expect?
Eligible individuals can receive one or more of the following forms of compensation:
- Out-of-Pocket Losses: Reimbursement of up to $2,500 for expenses related to fraudulent transactions, identity theft recovery, or credit monitoring. Proof such as receipts or bank statements is required.
- Time Spent: $25/hour for up to three hours for time spent dealing with fraud or breach issues, such as calls to customer service or time spent disputing charges.
- Additional Reimbursement: Compensation for transaction losses backed by third-party documentation.
Steps to File a Claim
Here’s how to file your claim before the deadline:
- Verify Eligibility: Review the criteria to ensure you qualify.
- Gather Proof: Collect any evidence of unauthorized transactions or breaches—such as emails, account statements, or screenshots.
- Fill Out the Claim Form: Available on the official settlement website. Ensure accuracy and completeness.
- Submit the Claim: You can submit it online or mail it in. Mailed forms must be postmarked by the deadline.
Key Deadlines to Remember
- Final Approval Hearing: February 16, 2025, at 9:30 AM
- Claim Submission Deadline: November 18, 2025 (10:59 PM online or postmarked by mail)
- Expected Payment Date: Following final approval and claim review
Purpose of the Settlement
This class action aims to:
- Provide fair compensation to users impacted by data breaches.
- Strengthen Cash App’s security protocols to prevent future incidents.
- Avoid lengthy court proceedings and reduce legal expenses.
- Promote accountability and improve user trust in digital payment platforms.
Conclusion
The Cash App class action settlement is a critical opportunity for users who were affected by security failures between August 2018 and August 2025. If you’ve experienced any unauthorized transactions or data breaches linked to your Cash App account, acting quickly to submit a claim could help you recover your losses. Visit the official website, review your eligibility, and make sure your documentation is ready before the deadline.
FAQs About the Cash App Settlement
Who can file a claim for the settlement?
Anyone who used Cash App or Cash App Investing between August 23, 2018, and August 20, 2025, and experienced unauthorized account access or fraudulent transactions.
What documents do I need to submit with my claim?
You’ll need to provide proof such as transaction records, emails, or any written communication showing unauthorized access or losses.
How will I receive my payment?
Payments will be issued via the method you choose when submitting your claim—typically direct deposit, check, or digital payment.
Can I file multiple claims?
Only one claim per affected account is allowed. Multiple claims from the same user may be rejected unless they involve separate incidents with different documentation.
Where do I submit my claim?
Visit the official website: cashappsecuritysettlement.com to complete and submit your claim form.
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