Anyone who has used Cash App anytime between 23 August 2018 and 20 August 2025 may be entitled to receive compensation worth up to $2,500 (approx. ₹2 lakh). The class action lawsuit was filed against Cash App and its parent company Block due to this.
According to the allegations, user personal information wasn’t protected appropriately by the company, causing undisputed transactions from many people’s accounts while the data was also leaked to the outside. Now this class action settlement has made possible the relief of those affected.
ALSO READ: 2025 Blue Cross Blue Shield Settlement: Individual Payout Amount Explained
What is this Cash App settlement?
This lawsuit was filed due to negligence in data security of Cash App. Primarily, two major incidents led to it:
A former employee gained unauthorized access to Cash App Investing user data in 2022.
In 2023, some new users got access to old accounts due to old phone numbers’ reallocation.
Due to these incidents, money got withdrawn from many people’s accounts without their consent and personal information got leaked. Now $15 million (around ₹125 crores) are being compensated in this case to the affected ones.
Summary of class action settlement
| 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 |
Who are eligible?
You might qualify for this compensation if:
- You used Cash App or Cash App Investing, and your personal data was accessed without your permission.
- Money was withdrawn or transferred from your Cash App account without your permission.
- Your account was affected due to a security lapse, due to which you suffered a loss.
How much compensation will you get?
If you are eligible, one or more of the following could be given to you as compensation:
- Out-of-Pocket Losses: If you’ve suffered a loss due to identity theft, fraudulent transactions, or credit monitoring and can show proof, you can receive up to $2,500 in compensation.
Documentary evidence will be needed – receipts, bank statements, emails, etc.
- Time Compensation: If you’ve spent any time dealing with customer service or disputing fraudulent charges, you’d be entitled to up to $25 for three hours’ worth of your time.
- Other Compensation: You may be entitled to compensation for other losses substantiated with documentation from a third party.
How to make a claim?
Here’s the step-by-step process:
Step 1: Check your eligibility in accordance with the eligibility criteria stated above.
Step 2: Gather documents, such as emails and screenshots and bank statements to prove that you suffered a loss.
Step 3: Fill in the claim form available at the official website. Make sure you fill in the correct and complete information.
Step 4: Submit the filled form either online or through the post. Remember, if sending by post, it should be postmarked on or before November 18, 2025.
Important Dates
| Event | Date |
|---|---|
| Final Approval Hearing | 16 February 2025 |
| Claim Form Deadline | 18 November 2025 |
| Payment Date | After hearing, once claim review is complete |
Objectives of the Settlement
The main objectives of this class-action lawsuit are to:
- Provide financial relief to affected users.
- Strengthen Cash App’s security to prevent future incidents.
- Prevent prolonged court proceedings and cut legal costs.
- Rebuild user trust in digital payment platforms.
Conclusion
If you have used Cash App during the past few years and encountered security-related issues like fraudulent transactions or data leaks, this claim for up to $2,500 stands a good chance for you.
Avoid procrastinating! The cashappsecuritysettlement.com website has all the information regarding eligibility and a claim form that you should complete in time to gather all documentation.
This opportunity will be closed by November 18, 2025. If the claim is not filed by this date, the chances of receiving this compensation will practically diminish.
FAQs
Q1: Will every Cash App user receive money?
A. No. Only users who have suffered security-related losses are eligible.
Q2: How to fill out a claim form?
A. You can fill out the form online on the settlement website or send it by mail.
Q3: When will you receive payment?
A. Once the settlement is approved by the court and all claims are reviewed.