Millions of Americans rely on Cash App for sending money, investing, and managing personal finances. But a recent data security issue put many users at risk. In response, a $15 million Cash App Class Action Settlement was reached, offering eligible users up to $2,500 in compensation—if they act before the November 18, 2025 deadline.
Here’s everything you need to know about the lawsuit, who qualifies, and how to file your claim.
What Is the Cash App Settlement About?
In December 2021, a class action lawsuit was filed against Block Inc., the parent company of Cash App, alleging multiple failures in safeguarding user data. The case centers around two major breaches:
- Employee Data Theft (2022): A former employee reportedly downloaded and stole personal and financial user data without authorization.
- Recycled Phone Numbers (2025): Cash App accounts linked to recycled phone numbers were allegedly compromised, allowing new users to access past users’ data.
Together, these issues sparked widespread concern about Cash App’s data security practices. The settlement aims to compensate affected users for identity theft, unauthorized transactions, and other financial damages.
Cash App Class Action Settlement At a Glance
| Category | Details |
|---|---|
| Department | Block Inc. (Cash App’s parent company) |
| Program Name | Cash App Settlement |
| Total Settlement Amount | $15 million |
| Individual Payout | Up to $2,500 |
| Claim Deadline | November 18, 2025 |
| Expected Payout Start Date | Mid-2025 |
| Payment Methods | Direct deposit or mailed check |
| Official Website | cashappsecuritysettlement.com |
| Law Firm | KGG Law (www.kgglaw.com) |
Who Is Eligible for a Payout?
To qualify for compensation, you must meet all of the following conditions:
- Be a current or former Cash App or Cash App Investing user
- Have had an active account between August 23, 2018, and August 23, 2025
- Experienced unauthorized access, identity misuse, or financial loss
- Provide evidence such as fraudulent transactions, identity theft reports, or account tampering
How to File a Claim
Filing your claim is straightforward but requires documentation. Here’s how:
- Visit the Official Website
Navigate to www.cashappsecuritysettlement.com - Download and Complete the Claim Form
Provide your Cash App username, email, and phone number. - Attach Proof of Harm
Acceptable documentation includes:- Bank statements showing unauthorized activity
- Screenshots of suspicious Cash App transactions
- Identity theft reports or police reports
- Choose a Payment Method
Enter your bank details for direct deposit or mailing address for a check. - Submit Your Claim by November 18, 2025
Late claims are likely to be rejected.
Don’t Be Misled: Facts vs. Myths
| Claim | Truth |
|---|---|
| Every user gets $2,500 | Only users with documented harm may receive up to $2,500 |
| You don’t need to file a claim | A claim is required to receive any compensation |
| Hackers caused the breach | The breach involved an insider and phone number issues |
| Payments have already started | Payments are expected in mid-2025, pending court approval |
| Block Inc. owns Cash App | True |
What Happens Next?
Once the court finalizes the settlement, payments are expected to begin by mid-2025. If you’re eligible and submit all required documentation by the deadline, your payout will arrive via your selected method.
To stay informed or review legal documents, visit:
Missing the deadline means forfeiting your chance at compensation, so don’t delay.
FAQs
Can I claim if I didn’t lose money but had an account?
You may not qualify unless you can show documented harm tied to the breach.
Is there a minimum payout amount?
The exact amount depends on the number of valid claims and individual losses.
What if I no longer have access to my Cash App account?
You can still file if you can provide past account information and documentation.
Is the settlement taxable?
Consult a tax professional. In general, compensatory settlements for losses may not be taxable, but it depends on your situation.