Millions of users were affected by the Cash App’s data breach and fraudulent transactions in 2021 and 2023, and they are eagerly waiting for the settlement payouts. The exact payout date is based on the final decision of the court.
The lawsuit filed against the Cash App in which allegations put on the company did not take satisfactory precautions to protect user data because of the large number of people who are becoming victims of financial fraud. As a consequence, the company has set up a settlement fund of $15 million through which the users who have suffered get remunerated.
Cash App Class Action Settlement Payment Coming in July 2025
The class action lawsuit alleged that the security practices of Cash App were inadequate. In 2021, the allegations of insufficient data security and a significant data breach encompassed almost 8.2 million users. In 2023, a past employer retrieved and downloaded delicate user data without their authorization.
In 2025, this situation intensified when an unauthorized user subjugated reprocessed phone numbers to gain access to Cash App accounts. The parental company, Block Inc., and its subordinates, Cash App Investing, were responsible for not taking appropriate action to address user criticism and failing to employ adequate safety measures to avoid unauthorized or fraudulent dealings.
Under a class-action lawsuit, the settlement of the cash app has taken place. The allegations were put against the company because it failed to meet its obligations to protect the data of its customers. The company agreed to pay a settlement amount $15 million to all the eligible customers who are affected by the fraudulent transactions and data breaches from 2018 to 2024.
Overview of $2500 Cash App Class Action Settlement
| Article On | Cash App Class Action Settlement Payment Coming in July 2025 |
| Country | United States of America |
| Company | Cash App & Block, Inc. |
| Claim Deadline | 18 November 2024 |
| Final Hearing | 13 January 2025 |
| Settlement Amount | $15 million |
| Maximum Payment Per Person | Up to $2,500 |
| Category | Class Action |
| Official Website | cashappsecuritysettlement.com |
Eligibility for $2500 Cash App Class Action Settlement Payment
To be eligible for the Cash App Class Action Settlement, the following criteria need to be fulfilled-
- One has to be an existing or former user of The Cash App Investing or Cash App.
- Between 23 August 2018 and 20 August 2025, the account is being held.
- An unauthorised or deceitful activity is experienced, like data breaches, account access, or unapproved withdrawals.
- The supporting documents should be provided for the claims of the time spent or financial loss.
How much can you claim?
The settlement for the Cash App has been broken into three different parts. The whole $15 million compensation is to be distributed depending on the individual conditions.
- Out-of-Pocket Loses
You can claim up to $2,500 if you have lost money because of the security concerns or fraudulent transactions. To claim this, documents such as bank statements, receipts, and fraud news are required.
- Transaction Losses
If you have experienced a transaction loss between August 23, 2018, and August 20 August 2024, the supporting documents, like the bank notices or police reports, are required for the claim for validation.
- Compensation for Lost Time
You are eligible for the compensation of $25 per hour, up to a maximum of $75 for three hours, if you spent time resolving the fraud-based concerns, like securing the account or contacting customer support.
How to check the $2500 Cash App Settlement status?
A few of the people are eager about when they will have the payment, and how they can stay updated about the status of their claim. The process of the settlements is user-friendly and clear, which can be effortlessly understood. Here are the steps that can be followed to check the updates of the settlement;
- Visiting the Official Website: The official website of the Cash App Settlement can be visited to receive regular updates about the payment dates and status of the documents.
- Contact through phone: The settlement administrator can be contacted directly. You can call +866-615-9740 for any enquiries. Be ready with the confirmation code and claim ID before calling.
- Checking of emails regularly: The settlement administrator sometimes asks for official papers or gives information about payment by email. So, it is required to frequently check the mailbox.
- Check the bank or payment app: As a payment method, if Zelle, PayPal or direct bank deposit is chosen, then keep an eye on the transaction history to know as soon as the payment arrives.
Payment Timeline for the Cash App Settlement
| Stage | Details |
| Claim Deadline | 18 November 2024 |
| Final Approval Hearing | 13 January 2025 at 9:30 AM PST (Extended Date) |
| Payment Methods | Direct deposit, Zelle, Venmo, or mailed check |
| Expected payment Date | Mid-late 2025 |
After the final approval of the settlement, the eligible claimants will start receiving their payments within 9 to 12 months.
Final Thoughts
A relief is brought by the Cash App Settlement 2025 to those who thought that their loss might not be recovered. It is the key instance of taking the correct action at the correct time to attain justice. It is an important opportunity for the users who are affected to receive the compensation due to the security-related concerns.
Many of the people are significantly impacted due to this, so the eligible users must file their claim at the right time and protect their rights. This settlement highlights the increasing accountability tech companies face in safeguarding user information, along with the closure of the data breach.
| Official Website | Click Here |
| Homepage | Moyle-Council.org |
FAQs
What are the eligibility criteria for the Cash App Settlement 2025?
The user who experienced data breaches or fraud on Cash App between 23 August 2018 and 20 August 2024 and has thus filed a claim by 18 November 2024.
What are the crucial documents that are required to claim the payment?
The identity verification documents, proof of fraud like receipts, bank statements or police reports are required to file the claim for the settlement claim.
