Cash App Settlement 2025: In expectation in 2021, the company went through severe data leakage where the identity and data of more than eight million current, and past, Cash App Investing customers was stolen. Malware was intensified by an insider attacker who created a breach by accessing and stealing users’ information, though the person had been an employee of the organization. The event caused Block Inc., which is the parent company of Cash App to be charged with a class-action lawsuit.
The lawsuit said this was because the company failed to do enough to safeguard users’ data. However, as of today, as a payout to the individuals Cash App is offering compensation for losses as high as $15 million. Instead, they can file a claim for compensation that cannot exceed $2,500, and this will be due soon.
Let’s find out who is eligible, the types of claims, and how to submit claims.
Eligibility Criteria
To receive compensation under the Cash App $15 million class-action settlement, users must meet the following conditions:
Account Period:
- Only users who had an active Cash App account between August 23, 2018, and August 20, 2025, are eligible. Accounts outside this period are not eligible under this settlement.
Previous Compensation:
- Users who have already received compensation from Cash App, Block Inc., or any other third party are not eligible to submit a new claim.
Claim Types and Compensation
Cash App has set three types of claim categories for affected users. Each category requires different documentary evidence, and users can receive compensation up to $2,500.
Out-of-Pocket Damages:
- Users who suffered direct financial losses due to the data breach can submit a claim under this category. For example, if an unauthorized transaction has occurred from a user’s account, they can apply for compensation with proof of the same.
Lost Time:
- If a user has spent time resolving issues related to the data breach, they can receive compensation at the rate of $25 per hour up to a maximum of $75.
Transaction Loss:
- Users who have experienced financial loss in their Cash App account, and which has not yet been refunded, can make a claim under this category.
Claim Process
Cash App users can submit their claim by following the following steps:
Fill the Claim Form:
- The claim form can be accessed on the official settlement website cashappsecuritysettlement.com Users need to input their account information and type of loss correctly.
Attach Documents:
- Both current and prior claims evidence forms are required for each type of claim. For instance, provide a receipt or a letter from the institutions that has incurred to due unauthorized transaction for out of pocket expenses and keep records of activities that were carried out in vain due to lost time.
Keep in mind the deadlines:
- The last date for filing the claims is November 9 2025. All claims submitted after this will be rejected.
FAQs On Cash App Settlement 2025
Q. What is the Cash App Settlement 2025?
A. The Cash App Settlement 2025 refers to a legal settlement involving compensation for eligible Cash App users who may have been affected by certain issues or incidents related to the app.
Q. Who is eligible for compensation in the Cash App Settlement?
A. Users who experienced specific issues with their Cash App accounts, such as unauthorized transactions or other relevant problems, may be eligible for compensation.
Q. How can I claim my compensation?
A. Eligible users can file a claim through the official Cash App Settlement website, providing necessary details to verify their eligibility.