If you’ve used Cash App between August 23, 2018, and August 20, 2025, you may be entitled to a portion of a $15 million class action settlement. This legal action stems from security issues that allegedly allowed unauthorized access to user accounts, leading to financial losses and personal data breaches.
Now, affected users can file a claim to receive compensation—up to $2,500—but only if they act before the deadline.
Key Settlement Details at a Glance
Detail | Information |
---|---|
Settlement Name | Cash App Class Action Settlement |
Total Payout Pool | $15 Million |
Max Individual Compensation | $2,500 |
Hourly Compensation | $25/hour (max 3 hours) |
Eligibility Period | Aug 23, 2018 – Aug 20, 2025 |
Claim Deadline | Nov 18, 2025 |
Final Hearing Date | Feb 16, 2025 |
Submission Options | Online or by Mail |
Website | cashappsecuritysettlement.com |
Why Is There a Cash App Settlement?
The lawsuit highlights several incidents where Cash App’s data security failed, including:
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A 2022 breach by a former employee accessing investment user data.
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A 2023 incident where recycled phone numbers still linked to accounts allowed unauthorized transactions.
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Numerous complaints from users about fraudulent withdrawals and data misuse.
As a result, the company agreed to the settlement to resolve claims without further litigation.
Who Is Eligible to File a Claim?
You qualify for the payout if any of the following apply during the eligible timeframe:
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Your Cash App or Cash App Investing account was accessed without your permission.
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You experienced unauthorized withdrawals or fund transfers.
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You faced unresolved security-related errors in your account.
How Much Can You Receive?
Eligible users may claim the following benefits:
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Up to $2,500 for direct financial losses, with proof such as receipts or bank statements.
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$25/hour for up to 3 hours spent resolving issues (e.g., customer support calls, documentation).
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Additional compensation if you can verify losses tied to third-party documentation or identity theft recovery.
How to File Your Claim in 2025
To receive your share of the settlement, follow these steps:
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Verify your eligibility – Ensure you meet the usage and security impact criteria.
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Gather documentation – Collect proof of losses or account breaches.
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Complete the claim form – Available online at the official settlement website.
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Submit your form – Submit digitally or by post before November 18, 2025.
Important Dates to Remember
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Final Approval Hearing: February 16, 2025, at 9:30 AM
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Claim Submission Deadline: November 18, 2025
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Expected Payment Timeline: After final approval and claims review
What the Settlement Aims to Achieve
This settlement serves several goals:
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Provide financial relief to affected Cash App users.
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Improve data security on the platform.
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Avoid long-term court battles and reduce legal fees.
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Restore public trust in mobile financial platforms.
Conclusion
If you were impacted by Cash App’s past security breaches, this class action provides a chance to reclaim losses—whether financial or in time spent resolving issues. With payouts going up to $2,500, it’s essential to act before the November 18, 2025 deadline. Visit the official settlement site, gather your evidence, and submit your claim form to ensure you don’t miss out.
FAQs
Who can file a claim for the settlement?
Any individual who used Cash App or Cash App Investing between August 23, 2018, and August 20, 2025, and faced unauthorized access or security-related losses.
What documents do I need to submit with my claim?
You must provide proof such as screenshots, emails, bank statements, or written records showing the incident or loss.
How will I receive my payment?
Payment will be made based on your preferred method when submitting the claim—such as direct deposit, mailed check, or digital wallet.
Can I file multiple claims?
Only one claim per affected account is allowed. Submitting multiple claims without distinct, separate incidents may result in disqualification.
Where do I submit my claim?
Visit the official website: cashappsecuritysettlement.com to complete and file your claim form online or download the form for mailing.
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Aanchal is a passionate writer with a keen interest in storytelling, content creation, and creative expression. She enjoys exploring diverse topics and crafting engaging narratives that captivate readers.