$2,500 Cash App Settlement – Check Eligibility and Claim Your Share Before the Final Deadline

By Ehsteem Arif

Published on:

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The $2,500 Cash App settlement offers compensation to users affected by unauthorized transactions and security breaches between 2018 and 2024. If you used Cash App during this period and experienced fraud, you may be eligible for up to $2,500.

With a claim deadline of November 18, 2024, time is running out to secure your share of the $15 million settlement. This guide explains everything you need to know, including eligibility, how to file a claim, and when payouts are expected.

Settlement

Here is a quick overview of the $2,500 Cash App settlement:

TopicDetails
Total Settlement Fund$15 million
Individual PayoutsUp to $2,500 per person
Eligibility PeriodAugust 23, 2018 – August 20, 2024
Claim DeadlineNovember 18, 2024
Final Approval HearingDecember 16, 2024 (subject to change)
Official Websitecashappsecuritysettlement.com

Breach

The lawsuit claims that Cash App (owned by Square, Inc.) failed to protect user data, leading to:

  • Unauthorized access to Cash App accounts
  • Fraudulent transactions without user consent
  • Personal data breaches exposing sensitive information

In response, Cash App agreed to a $15 million settlement to compensate affected users. The amount each person receives depends on the level of harm they suffered.

Eligibility

You may be eligible for a payout if:

  • Your Cash App account was accessed without your permission
  • You experienced unauthorized transactions between August 23, 2018, and August 20, 2024
  • You spent time or money resolving fraud-related issues
  • You suffered emotional distress due to a data breach

Even if you did not lose money, you may qualify if you spent time disputing charges, restoring security, or facing stress due to the breach.

Claim

Filing a claim is free and takes only a few minutes. Follow these steps to ensure you receive your payout.

Gather Required Information

Before filing, prepare the following:

  • Full name, email, and phone number associated with Cash App
  • Proof of unauthorized transactions or fraud (bank statements, emails, or screenshots)
  • Estimated time or expenses spent fixing security issues
  • Details of any emotional or psychological distress caused by the breach

Visit the Settlement Website

Go to cashappsecuritysettlement.com and click “File a Claim.”

Fill Out the Claim Form

Provide the following details:

  • Personal information (name, contact details)
  • A brief description of the fraud incident
  • Supporting documents (if available)
  • The impact on your finances or well-being

Submit Your Claim Before the Deadline

Ensure you file your claim before November 18, 2024. Late submissions will not be accepted.

Compensation

The payout amount depends on how much damage you experienced:

CategoryEstimated Payout
Minor inconvenience (time spent resolving issues)$10 – $50
Financial loss (fraudulent transactions)$500 – $2,500 (based on proof)
Emotional distress or major impactHigher payouts possible

Payment

The final approval hearing is scheduled for December 16, 2024. If the settlement is approved without delays, payments will be distributed in early to mid-2025.

How Will You Get Paid?

Claimants will receive payments via:

  • Direct deposit to their linked Cash App account or bank account
  • Paper checks for those who opted for mail payments
  • Digital payment vouchers for those preferring alternative methods

Protection

To prevent future financial fraud, consider the following steps:

  • Enable two-factor authentication (2FA) for all payment apps
  • Use strong, unique passwords and change them regularly
  • Monitor your accounts for unusual activity
  • Be cautious of phishing scams targeting Cash App users

FAQs

Who qualifies for the Cash App settlement?

Anyone who had unauthorized transactions or security breaches from 2018 to 2024.

How much money can I get?

You may receive up to $2,500, depending on your documented losses.

When is the deadline to file a claim?

The claim deadline is November 18, 2024.

When will payments be made?

If approved, payouts are expected in early to mid-2025.

How can I file my claim?

Visit cashappsecuritysettlement.com and fill out the claim form.

Ehsteem Arif

A Sagittarius who everyone assumes is a Capricorn, Ehsteem divides his time between reading, walking, and hanging out with his mischievous puppy, Tootsie.

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