You will get $2500 from a class action settlement in 2025. If you used the Cash App between August 23, 2018, and August 20, 2024 and had purchases or access that were not authorised, you may be able to get $15 million in a class action settlement. The lawsuit says that Cash App, which is run by Block, Inc., did not properly protect customer data, which resulted in big security breaches. This article tells you who is eligible, how much you could get, how to file a claim, and how to check on the state of your payout. It does all of this in a friendly, professional way that makes it easy for both regular users and professionals to understand.
A class action settlement of $2500 will be paid out in 2025.
The $15 million Cash App class action settlement is a great chance for users who were hacked or had transactions that were not authorised to get paid back for the time between 2018 and 2024. Even though the deadline for filing a claim has passed, people who did so on time may still get up to $2,500 in money back and an extra $75 for the time they wasted. Check the progress of your claim, check your email often, and keep an eye on your bank or app account for your next payment. Also, know that digital security is always a job, so protect your online money by doing things yourself.
Lawsuits were brought against Cash App, saying that users’ private and financial information was made public because the company didn’t do enough to protect it. People say that the security holes let hackers get into people’s accounts without permission, steal their identities, and make fake purchases.
| Detail | Information |
|---|---|
| Settlement Amount | $15 million |
| Max Individual Payout | Up to $2,500 for documented losses |
| Extra Compensation | Up to $75 for time spent (billed at $25/hour, max 3 hours) |
| Eligibility Period | August 23, 2018 – August 20, 2024 |
| Claim Deadline | November 18, 2024 |
| Final Approval Hearing | January 13, 2025 |
| Payout Timeline | Mid to late 2025 (subject to appeal and processing) |
| Official Website | cashappsecuritysettlement.com |
What Is the Cash App Settlement About?
Notably:
- In 2021, a former worker is said to have downloaded private information that affected more than 8 million people.
- In 2023, reusing phone numbers caused more problems with people getting in without permission.
Block, Inc. has said they did nothing wrong, but they agreed to settle to escape the cost and risk of going to court again.
Who Is Eligible?
You can get a piece of the $15 million payout if the following are true:
- Between August 23, 2018, and August 20, 2024, you had a Cash App or Cash App Investing account.
- During that time, someone got into your account without permission or made false transactions.
- You lost money that you didn’t have, like on fees, tracking, or identity recovery services.
- You took time to fix problems that the breach caused, like calling support or cutting off access to accounts.
Note: Having a Cash App account doesn’t mean you’ll get paid; you have to have had a problem that qualifies and send in proof on time.
How much money can you get?
Costs You Pay Out of Pocket
You may be able to get up to $2,500 in straight compensation if you can show proof of:
- Withdrawals or sales made without permission
- Costs to protect against identity theft
- charges that came from fraud
- Fraud-related time off from work
Time Reimbursement
You can also get up to $75 for lost time, which is calculated at $25/hour and includes things like
- Talking to customer service
- Putting in police reports
- Changing your account information
This time-based repayment makes sure that your work is recognized, even if the money you lost is small.
How to File a Claim for a $2500 Cash App Class Action Settlement (If You Did It Before the Due Date)
You had until November 18, 2024, to make a claim. Here’s how the process worked if you turned it in on time:
1. Go to the website for the settlement
Click “File a Claim” at cashappsecuritysettlement.com. You needed your Notice ID and Confirmation Code, which were sent to you by email or mail. However, you could file without them by giving information about your account.
2. Fill out the form
The form asked for simple information like
- Your name and number to call
- Loss or fraud proof (screenshots, statements, or police records)
- The number of hours spent on problems (for time reimbursement)
3. Choose how you want to pay
You can pick how you want to be paid: Zelle, PayPal, Venmo, direct deposit, or a check in the mail.
When are you going to get paid?
The time for claims has passed, but payments have not yet been made. On January 13, 2025, the last meeting for the settlement took place. Payouts should start in the middle to late 2025, assuming that no appeals slow down the process.
Remember:
- Claims are still being checked out and confirmed.
- Claimants who are approved will either get the full payout or a portion of it, based on how many valid submissions there were.
How to Find Out What’s Going on with Your Claim?
If you already made your claim, do these things to see how it’s going:
1. Go to the main website
Pay a visit to cashappsecuritysettlement.com. With your Claim ID and Confirmation Code, use the “Check Claim Status” tool.
2. Get in touch with the settlement administrator
Call 1-866-615-9740
They can help you find out if your claim was accepted or if more proof is needed.
3. Look at your email
You will be told about changes, missing papers, or decisions about approval.
4. Keep an eye on your method of payment
Pay attention to the way of payment you chose when you sent the form. Digital ways often get money faster than checks that are mailed.
The best ways to keep yourself safe from future breaches
It’s important to keep your digital wallet safe going forward, even if you didn’t qualify for this reward. Here are some ideas:
- For your Cash App account, turn on Two-Factor Authentication (2FA).
- Daily check the deals for anything that doesn’t seem right.
- Don’t use old phone numbers, and make sure your app is always up to date.
- Make your passwords strong and unique, and think about getting a password manager.
- Tell both Cash App and your bank right away about any strange behaviour.
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