If you experienced fraudulent transactions or data breaches while using Cash App between 2018 and 2024, you may be eligible for compensation of up to $2,500 from a $15 million class-action settlement.
Here’s a complete guide on eligibility, claim submission, and payout timelines before the November 18, 2024, deadline.
Overview of the Cash App Settlement
| Category | Details |
|---|---|
| Settlement Amount | Up to $2,500 per eligible user |
| Eligibility Period | August 23, 2018 – August 20, 2024 |
| Claim Submission Deadline | November 18, 2024 |
| Payout Timeline | October 2025 – January 2026 |
| Final Approval Hearing | January 13, 2025 |
| Official Settlement Website | Cash App Settlement |
| Settlement Contact Info | 1-866-615-9740, 1650 Arch Street, Suite 2210, Philadelphia, PA 19103 |
What Is the Cash App Settlement About?
Between 2018 and 2024, many Cash App users reported unauthorized transactions, security breaches, and financial losses due to fraudulent activity.
A class-action lawsuit was filed against Block Inc. (formerly Square Inc.), Cash App’s parent company, for allegedly failing to provide adequate security measures to protect users.
As a result, Block Inc. agreed to a $15 million settlement, allowing affected users to claim up to $2,500 in compensation.
Who Is Eligible for the $2,500 Payout?
To qualify for the settlement, you must meet all of the following criteria:
- Used Cash App between August 23, 2018, and August 20, 2024
- Experienced unauthorized transactions or had personal data compromised
- Suffered financial losses due to fraudulent activity
- Faced difficulties resolving the issue with Cash App customer support
Providing strong supporting evidence can increase your chances of receiving compensation.
How to File a Claim for the Cash App Settlement
If you qualify, follow these steps to submit your claim before November 18, 2024.
Step 1: Visit the Official Settlement Website
- Go to the Cash App Settlement website to access the claim form.
Step 2: Gather Required Documentation
- Cash App transaction history showing unauthorized activity
- Emails or chat records with Cash App support regarding fraud issues
- Bank statements proving unauthorized withdrawals
Step 3: Complete the Claim Form
- Provide your Cash App account details
- Describe how fraud or security breaches affected you
- Upload supporting documents to strengthen your claim
Step 4: Submit Before November 18, 2024
- Claims must be submitted before the deadline to be considered
- If your claim is denied, you can appeal by submitting additional evidence
When Will You Receive the Settlement Payout?
Payouts must go through a legal process before distribution. Here’s the expected timeline.
- January 13, 2025 – Final approval hearing
- Processing Period – Payments typically take 9-12 months after approval
- Expected Payout Dates – Between October 2025 and January 2026
The amount you receive may depend on the number of approved claims. If many users file claims, individual payouts may be reduced.
How to Avoid Claim Delays or Rejections
Many claimants face delays due to errors or missing information. Avoid common mistakes by:
- Double-checking your claim form for accuracy before submission
- Uploading all required documents, including proof of fraudulent transactions
- Following up with the settlement administrator if you don’t receive a confirmation
- Ensuring your contact details are updated to receive notifications
If you experienced fraudulent activity or security breaches while using Cash App, don’t miss the opportunity to claim up to $2,500 from the $15 million settlement.
Make sure to file your claim before November 18, 2024, and provide strong supporting evidence to increase your chances of receiving a payout.
FAQs:
How do I know if I was affected by the Cash App breach?
If you used Cash App between 2018 and 2024 and experienced unauthorized transactions, account breaches, or financial losses, you may be eligible.
How much money can I receive from the settlement?
You could receive up to $2,500, depending on the severity of your financial loss and the number of approved claims.
Where do I file my claim?
Visit the official Cash App Settlement website to submit your claim form online.
