In May 2025, users of Cash App are seeing increased interest in a class action settlement stemming from allegations of data mishandling and unauthorized account access. The lawsuit, which dates back several years, accused Block, Inc. (formerly Square, Inc.), the company behind Cash App, of failing to protect user data adequately. Although the company denied wrongdoing, it agreed to a multimillion-dollar settlement to resolve the claims.
Who Is Eligible for a Settlement Payout?
To qualify for compensation, you must meet specific criteria outlined in the settlement agreement. Generally, eligible individuals:
- Used Cash App between January 1, 2018, and December 31, 2021
- Were affected by the data breach disclosed in April 2021
- Did not opt out of the settlement class by the deadline
If you’re unsure of your eligibility, the official settlement website includes a lookup tool that allows you to verify your status using your email or phone number associated with Cash App.
How to File a Claim
Filing a claim is straightforward and can be done entirely online. Follow these steps:
- Visit the official Cash App Settlement website (as listed in the legal notice).
- Click on “Submit a Claim.”
- Enter your details, including name, contact information, and relevant Cash App identifiers.
- Choose your preferred method of payment (direct deposit, PayPal, mailed check, etc.).
- Submit your claim before the deadline of July 15, 2025.
Settlement Payment Amounts and What to Expect
The amount each person receives will depend on several factors:
- Number of valid claims filed
- Severity of individual data impact
- Proof of monetary loss (if applicable)
Claimants without documented losses will likely receive a flat-rate compensation, while those who can prove financial harm may qualify for additional reimbursement.
When Will Payments Be Made?
According to the latest update from the settlement administrators, payments are expected to begin processing in October 2025, following final court approval in September 2025. Delays can occur if appeals are filed or if additional documentation is required.
Important Dates for Cash App Settlement Claimants
| Key Date | Event Description |
|---|---|
| April 2021 | Initial data breach disclosure |
| May 2025 | Public announcement of the settlement |
| July 15, 2025 | Deadline to file a claim |
| September 2025 | Final court approval hearing |
| October 2025 | Expected start of payments |
How to Track Your Claim Status
After submitting your claim, you’ll receive a confirmation number. Use this number on the settlement website to:
- Check processing status
- Update contact or banking information
- Receive updates on payment distribution
What to Do If You Missed the Deadline
If you missed the July 15, 2025 deadline, you likely forfeit your right to compensation. However, legal experts recommend checking for updates, as sometimes courts grant extensions or reopen filing windows based on new findings.
Common Mistakes to Avoid
- Submitting incomplete or inaccurate forms
- Failing to attach proof of loss (if applicable)
- Ignoring email notifications about documentation requests
- Not checking the spam folder for updates
Conclusion
The Cash App settlement offers users a chance to be compensated for a serious data incident. With deadlines looming, it’s essential to act quickly and correctly. Filing your claim before July 15, 2025, ensures you’re considered for compensation. Keep an eye on your claim status and be ready for payment distribution by October 2025.
FAQs
What is the total value of the Cash App settlement?
The total settlement fund is reportedly over $10 million, but the exact individual payout depends on how many valid claims are received.
Do I need to have suffered financial loss to qualify?
No. While those with documented financial harm may receive more, all class members are eligible for a base payout.
Can I still use Cash App if I’m part of the settlement?
Yes. Participation in the settlement has no bearing on your continued use of Cash App services.
Is this settlement related to recent Cash App outages?
No, the settlement specifically concerns a data breach from 2021 and is unrelated to recent app performance or outages.
How will I know when my payment is issued?
You will receive a notification via the method selected during claim filing—either by email, SMS, or mail.
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