The recent $15 million Cash App settlement is a big deal—and not just for headlines. If you used Cash App anytime between August 2018 and August 2024, your info might’ve been caught up in a messy breach.
We’re talking revealed personal details, identity theft, and in some cases, straight-up fraud. The class-action lawsuit against Cash App and its parent company, Block, Inc., accused them of skimping on basic security measures. And now? They’re paying up.
Let’s break down who can claim, how much you might get, and when the money’s coming.
Eligibility
To qualify for compensation from this settlement, you’ll need to meet a few key criteria. First, you had to be an active Cash App user between August 23, 2018, and August 20, 2024. But it doesn’t stop there.
You must also show that you:
- Experienced unauthorized access to your account
- Were affected by identity theft or fraudulent charges
- Submitted documents proving financial loss (like fraud reports, bank statements, or receipts for credit monitoring)
Even if you didn’t lose money, you still might qualify if your personal info—like your name, SSN, or account data—was leaked. So don’t count yourself out just because no one drained your balance.
Payouts
So, what’s the compensation look like? That depends on what you went through. Take a look at the breakdown:
| Compensation Type | Payout Amount |
|---|---|
| Unauthorized transaction reimbursement | Up to $2,500 |
| Identity theft recovery costs | Varies (based on proof) |
| Credit monitoring | Fully covered |
| Lost time handling fraud | $25/hour, up to 3 hours |
That means the max payout is $2,575—but that’s only if you had a rough go and submitted solid proof.
Timeline
If you submitted a claim before the November 18, 2024 deadline, the good news is: things are moving. The final court hearing happened on January 13, 2025, and it’s all been greenlit.
Now we’re in the payout phase. Here’s what to expect:
- Mid-2025: That’s when payments start rolling out.
- Claimants will get an email update from the settlement admin.
- Payouts will come via direct deposit or mailed checks—whatever you picked during your claim.
Keep in mind, the actual amount you get could shrink depending on how many folks submitted approved claims.
Status
Wondering where your payout stands? If you filed a claim, you should’ve received email updates already. Still nothing? Visit the official settlement website. It’ll have the latest info and allow you to check your claim status.
Breach
So how did we get here? Turns out, this wasn’t just one sloppy error—it was a couple of serious lapses. The 2021 and 2023 breaches happened because:
- A former employee got unauthorized access to customer info.
- Weak security around recycled phone numbers let hackers hijack accounts.
Basically, Cash App didn’t do enough to lock things down, and the lawsuit made sure they paid for it. Literally.
Security
Got a Cash App account and want to keep it safe? Here are four easy ways to beef up your defenses:
- Enable 2FA: Add that second step for login security. It’s a must.
- Use a strong password: Think unique and tough to guess—no birthdays or pet names.
- Monitor transactions: Make checking your Cash App a weekly habit.
- Avoid phishing scams: Never click sketchy links or give out your security code.
Need more tips? Check out the FTC’s Online Security Guide for legit info.
Whether you lost money or just had your data revealed, the Cash App settlement is a chance to get some compensation and peace of mind.
Just make sure your claim’s in, and keep an eye on your inbox as those payments start hitting accounts later this year.
FAQs
Who can claim Cash App settlement?
Anyone with a Cash App account from 2018–2024 who was affected.
How much money can I get?
You can get up to $2,500 for documented losses.
When will payments be sent?
Payouts are expected to begin in mid-2025.
Do I need proof of losses?
Yes, for full reimbursement, proof is required.
How will I receive the payment?
Via direct deposit or mailed check, as chosen.
