On January 13, 2025, the California Northern District Court authorized the Cash App settlement related to the data breach. Class members are currently awaiting their rewards after submitting claims for compensation from the $15 million settlement fund.
The settlement administrator has not updated about the payment distribution on the website yet, however, the valid claimants can expect the settlement payout up to $2500 in the third or fourth quarter of 2025. The administration may take this much time because they need to estimate the settlement payout as per the claims and other factors.
According to the class action lawsuit, defendants Cash App Investing/Cash App and its parent company failed to prevent the 2022 and 2023 data breaches that compromised the personal information of customers, causing numerous customers to experience fraudulent or unauthorized transactions in Cash App or their financial accounts connected to Cash App accounts.
| Settlement | Cash App Security Settlement |
| Fund | $15 million |
| Who qualifies? | Customer affected by the April 2022 and October 2023 data breach |
| Class Period | 23 August 2018 and 20 August 2024 |
| Maxi. Payout | Up to $2500 |
| Payment Expected | 3rd or 4th quarter of 2025 |
| Settlement Benefits | Transaction losses, Out-of-pocket loss, and lost time compensation |
| Settlement Website | https://cashappsecuritysettlement.com/ |
Payout Amount
Under the Cash App settlement, the administrator will use the settlement fund of $15 million to compensate the class members with approved claims, but before they distribute the fund among claimants, they will first use it to cover some expenses, such as service awards for the plaintiffs’ class representatives, attorney fees & costs, administration costs, and other costs.
The remaining funds will be used to distribute the following awards to the class members based on the claims they made in the form:
- Out-of-pocket losses compensation: The Cash App current or former customers who have spent money from their pockets to resolve the issues arising due to the data breach of Cash App during the class period can expect a payout of up to $2500.
- Transaction Loss: The Cash App’s current or former customers who face unauthorized access and transactions during the class period in their Cash App account or other linked accounts to the Cash App account can receive a payment up to the money they lost.
- Lost time Compensation: The settlement also provides compensation for the time you invested in resolving the issue; here, the claimants can receive compensation for up to 3 hours at a payout rate of $25 for each hour, total of $75.
After the payment distribution, if the net settlement fund has money, the administration would distribute the remaining payment in equal proportion to all the class members.
Who is eligible?
The Cash App customers become the Cash App security settlement class member on the basis of the following criteria:
- You are a member who is a former or current Cash App/ Cash App investing customer or its affiliates, parent, or subsidiaries.
- Your personal information record in the Cash App/ Cash App investing account was compromised or obtained with your permission, or some third party has breached your account and is responsible for the fraudulent or unauthorized transfer of funds from either defendant’s accounts or another linked financial account between 23 August 2018 and 20 August 2024.
- You must have filed the claim for the Cash App settlement before or on the deadline, 18 November 2024.
Payment Mode
The settlement administrator will process the Cash App settlement payout for the class member with the approved claim through the mode they have selected in the claim form. In the claim form, the administrator has given the following options for the payment mode:
- Virtual Prepaid Card
- Zelle
- Physical Check
- Venmo
The class members must check if their current payment details are the same as the ones they have entered in the claim form. Because if not, you can miss your payment, so check it, and if it has changed, you must inform the administrator through email to info@cashappsecuritysettlement.com or call at 1-866-615-9740, or post the update to the administration’s postal address.
How to fix the claim?
According to the settlement agreement, the administration will send the deficiency notice to the claimants whose claims lack information. Those class members can fix the claim on the settlement website and ensure they receive the payout from the administrator. The class members of the Cash App security settlement can fix their claim in the following steps:
- You can go to the official “Cash App Security Settlement” website mentioned above.
- Next, click the Fix Claim option in the Menu section and enter your Notice claim ID and confirmation code.
- Once you submit the required code and ID, you will see your claim form information and correct it easily on the form.
- Once you add the missing or incorrect information, submit the claim form to receive the payout on time.
The Cash App settlement payout of up to $2500 will compensate the valid customers by 2025 for the inconvenience they faced due to the data breaches that occurred in 2022 and 2023, and members who submitted the claim on time.
Mane I need that shii I had to get another cash app unfortunately it happened again and more money kept getting lost but not found then cash app kick me out talking bout supicious activity.hell nall I want my money
I want to how i may get the money from cash app settlement.
Want to get the cash app settlement. I have been having problems with cash app people hacking my account stiling my money.
Me to
How do I get my money from cash app
Did it to me too and permanently banned me from cash app. They say I violated their terms of service yet they can not point to any transaction nor action that I did to violate their terms and they won’t allow me to appeal the decision nor open another account. I think they should have to pay us more for this bull honestly
Hello I have a question ,Once the CEO Died ,my cash app, was hacked and since it was linked to my bank account, I was scammed out of $50.000 and when I send the police report and put in several claims they closed my account with out any help and with all my money h
Gone and yet I am still fighting it ,and nothing is happening??? What else should I do?
File your own classaction against cash app
Mistysantiago80@gmsil.com Misty m Santiago 5098337102i would like my money I’m a victim to this case
Yea never
I like to see you when I get paid my cash app money
I’d like to do a claim for Cash app
I did and what they did was closed my account and keep all my money and blocked 🚫 me every way possible?I am open to suggestions.
It’s over already sry
When we getting paid
Do that meanthe money that cash app took from me in2021and2023 it all was scram they 850 250 from me it was a. Scram. I checked my cash applater the .o dy was going i was my cash app ask..a savings account l never takemy off the card i lost all of my money
I’m still waiting on it? Haven’t seen a penny off my claim to this date!
Me too this is crazy
My name is Tracey Harrington im an customer of cash app i found all the transactions that i didnt give permission to take money off my card.They took money off my cash app card when it was lock.How is this possible.just a couple of days ago Gayle Harrington sent me $70 you know google pay took 16.53 off my card without my permission.I dont know why they to my money but its not the first time.In feb 2024 tierra Cole took money from my account dec 2023 amyia jackson took money out of my acct?2 more transactions didnt hv my permission Cah app is looking into it now.this happen before i changed my card and email.
I would like to file a claim asap
I would like to do a claim for cash app
The cut off date to file was in November of 2024
That is still happening to me. Locking your card is not doing any good
I’m still waiting on my funds have not yet received!
Sometime in July or August
3rd or 4th quarter of this year
I’m a victim of PLEASE TELL ME HOW CAN I BECOME ACASH APP LAW SUIT
l would like file CashApp settlement. l was block under false statement.
Very dishonest company. Holding money for NO reason
It affected my whole googles accounts hacked after hacked . I don’t expect all that money just make feel u care about my whole life being stop .
Best believe that cash app was deleted and i didn’t even get a chance to check my email and ba
I tried to do a claim but idk if it went through or not
I did a claim with cash app regarding fraudulent charges that were not made by me they were made by somebody that got the information on my card and the transactions were in Alabama which I’ve never been to also 363 to Uber eats which I’ve never used I didn’t know about this lawsuit until just now can I get help they put it as it was my fault and it was not I have all my paperwork
I believe it has only continued to go on and that the Law Suit has not stopped nor prevented the money scams and data breach problems. I have had trouble repeatedly since November of 2024.
I was scammed out of $500 from my cashapp and never know anything about this lawst
Thought it was a victim of cash Applause by somebody who works at the company I was in the hospital I had a picture and transactions this came from Market Street in San Francisco I tried to call a claim it would not take my ID number that they had given is less my credit up technology illiterate
CA$H APP BROOKLYN BAABE U $TILL BAE CASH OUT !!🆘🆘🆘🆘🤎🤎💋💋💋💋💕💕🦋🦋🦋💯
My two Cash Accounts are still being affected by unauthorized transactions.
Bum. Was in jail and wasn’t able to file a claim for my accounts.
I’d wish I’d be able to put my name on the list but deadline was strictly in November of 2024.
SOL
I’m just a person who could have benefited: currently experiencing homelessness and $.96. Life and love will see me through.
Good luck to those getting their settlements. 🥰
Call settlement administrator to be added
I’m still waiting on my money I can’t even open an account with cash app this is crazy
Cash App took $1000 out of my account. And still haven’t heard nothing back from now, and this was in 2022
I was also a victim of cashapp support chat .had fraudulent activities as well as multiple charges same day charges and no one paid attention and left it at that it’s been 3 years and I’m still missing that money made to feel like I was lying made me feel like I was just another person trying to get money and was very rude to me when I called various times
I have been a victim off of face book and I still see people acting like they got dogs for sale as they several people tell me to pay for shipping and after I send money asking for more saying they got to have permitted to get animal to me I have loss over $950 got the money but no animal this need to be stop and get my money I have
I have cash app losing my money over and over the card I have been trying to get my debit card money so I had enormous money cash., and I’m not for sure, cards, cash apps, over time or something I will . be careful with my money cash app card, after money receive my loss from the covid stimulus account check on my bank account to me
I didn’t do anything in cash app and they decided to close my account they said suspisious activity ,i do the sane thing every day and all of a suddend they closed my account.
How can I receive my 2,500 claim,my information for the claim been in.I haven’t received my 2,500. $season77
Cash app claims that I transferred money from account it was linked to but my bank denied it. Therefore cash app says I owe them money. I contacted my bank and can’t find any reference where this happened. I provided all paperwork and transactions in question. When I ask to see their proof of transaction and when they don’t produce anything to support their case. I refused to pay it and unlinked all accounts. They started hitting me with daily fees and I finally told them to close my account and they refused. I’m like how do you give money to an account without getting it authorized from the bank your taking it from and then charge me crazy fees when you can’t even provide the same info you required from me to fight the claim? I have to prove that a transaction didn’t happen from what I can see. Yet they don’t have to provide any information showing or actually did happen. This happened early 2024, possibly late 2023. Is there any compensation for me and this debt that grows in my account daily? I fought with them about this way more than 3 hrs though. Please help!
I need to apply I got got $300
My friend just sent me some money to my cash app account.well I never received my money on my card I call cash app and explain the problem my friend who sent me the money all so call them and explain to them the situation .almost every day I’m calling them and so is my friend who sent me the money.now I’m block out of my account so what can I do to get my money.