Millions of users across the U.S. have turned to Cash App for peer-to-peer payments and investing. However, a data breach and alleged misuse of customer data led to a class action lawsuit, resulting in a $15 million Cash App Settlement. For affected users, this could mean receiving compensation of up to $2,500—but only if they act before the November 18, 2025 deadline.
Here’s a complete breakdown of the Cash App Class Action Settlement, eligibility, how to file a claim, and what to expect moving forward.
Cash App Settlement 2025: What It Means
The class action lawsuit, filed in California in December 2021, claims that Block Inc., the parent company of Cash App, failed to secure users’ data, allowing unauthorized access by former employees and through reused phone numbers.
The settlement, valued at $15 million, seeks to resolve claims that sensitive financial data was exposed, putting millions of users at risk.
Cash App Class Action Settlement Overview
| Department | Block Inc. (Parent company of Cash App) |
|---|---|
| Program Name | Cash App Settlement |
| Country | USA |
| Total Settlement Amount | $15 million |
| Individual Compensation | Up to $2,500 |
| Payment Start Date | Expected mid-2025 |
| Payment Method | Direct deposit or mailed check |
| Deadline to File | November 18, 2025 |
| Category | Consumer Protection Settlement |
| Official Website | cashappsecuritysettlement.com |
What Triggered the Lawsuit?
Two major security lapses are central to this case:
- Former Employee Data Theft (2022):
A former worker reportedly accessed and stole sensitive user information without permission. - Recycled Phone Number Vulnerability (2025):
Recycled phone numbers, previously linked to Cash App accounts, allegedly gave new users access to old accounts, exposing personal and financial data.
These incidents raised serious concerns over data security protocols and led to legal action seeking restitution for affected users.
Who’s Eligible for the Cash App Settlement?
To qualify for compensation, you must meet the following requirements:
- Be a current or former user of Cash App, Cash App Investing, or any other Block Inc.-related platform.
- Have had an active account between August 23, 2018, and August 23, 2025.
- Experienced unauthorized access, identity misuse, or financial losses as a result of security issues.
- Provide evidence of data breach impact, such as fraudulent transactions, identity theft, or account tampering.
How to File a Cash App Settlement Claim
To claim your compensation, follow these steps carefully:
- Visit the Official Settlement Website
Go to: www.cashappsecuritysettlement.com - Download and Complete the Settlement Form
Include your Cash App account details, email, and phone number. - Attach Proof of Harm
Examples include:- Screenshots of unauthorized transactions
- Bank statements showing losses
- Documentation of identity theft or account misuse
- Enter Payment Information
If you prefer direct deposit, enter your valid bank account details. - Submit Your Claim by November 18, 2025
Late submissions may not be accepted.
Additional Resource: www.kgglaw.com
The law firm handling the case, KGG Law, also provides information and updates on the settlement. You may refer to this site if you require legal clarification or want to view case documents.
Fact Check: Cash App Settlement
| Claim | Fact |
|---|---|
| Every Cash App user will get a $2,500 payout. | False. Only eligible users with documented losses may receive up to $2,500. |
| You can still claim without filing anything. | False. You must file a claim by November 18, 2025, to receive compensation. |
| The breach was caused solely by outside hackers. | False. The lawsuit involves a former employee and recycled phone numbers. |
| The settlement has already been finalized and paid out. | False. Payments are expected to begin in mid-2025 after court approval. |
| Block Inc. is the parent company of Cash App. | True. Block Inc. owns and operates Cash App. |
Final Thoughts
If you used Cash App between 2018 and 2025, and experienced unauthorized access or data-related harm, this settlement could entitle you to financial compensation. But you’ll need to file a valid claim—with evidence—by November 18, 2025.
Keep an eye on the official settlement website for updates, and make sure to submit your paperwork on time to ensure you’re not left out of this important class action payout.
FAQs:
How much can I receive from the Cash App settlement?
Up to $2,500, depending on the proof of loss and the total number of claims submitted.
Is filing a claim free?
Yes, there is no cost to file a claim.