If you’re a Cash App user who has been affected by data breaches over the last few years, you could be entitled to a portion of a $15 million settlement. Cash App and its parent company, Block, recently reached a proposed settlement in a class action lawsuit after customers had their personal data compromised.
The breach, which took place in December 2021, exposed sensitive customer information, including names, account details, and financial activity. This data was accessed without permission by a former employee who downloaded reports containing customer information.
As part of the settlement, eligible Cash App users may claim compensation of up to $2,500 for out-of-pocket losses, fraud-related fees, or up to three hours of lost time. While the amount you can receive depends on the type and extent of your loss, the deadline to apply for this settlement is fast approaching: November 18, 2025. This guide will walk you through everything you need to know about the Cash App data breach settlement, including eligibility, how to apply, and the amount you could potentially receive.
Important: If you believe you were affected by the breach, it’s crucial to submit your claim before the November 18, 2025 deadline. Missing the deadline means you’ll forfeit your chance to claim compensation.
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Cash App Class Action $2,500 Settlement – Overview
| Settlement | Cash App Class Action $2,500 Settlement |
| Total Settlement Amount | $15 million |
| Compensation per Claimant | Up to $2,500 for out-of-pocket losses; up to three hours of lost time at $25/hour |
| Eligibility Criteria | Cash App or Cash App Investing users whose personal information was accessed or who experienced unauthorized withdrawals from Aug. 23, 2018, to Aug. 20, 2024 |
| Application Deadline | November 18, 2025 |
| Final Approval Hearing Date | December 16, 2025 (extended to January 13, 2026) |
| How to Apply | Submit a claim online with notice ID, confirmation code, and supporting documentation if needed |
“We take the protection of our customers’ data seriously, and while we disagree with the claims in the lawsuit, we have agreed to settle to avoid the time and expense of continued litigation,” said a spokesperson for Cash App.
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What Happened in the Cash App Data Breach?
The data breach affecting Cash App in December 2021 compromised the personal information of 8.2 million customers. According to the Cash App and its parent company Block, a former employee downloaded confidential customer data from internal reports. The breach occurred after the employee’s employment had ended, although they still had access to the reports.
The information exposed included customer names, brokerage account numbers, and investment activities such as portfolio values. In addition, another incident reported in September 2023 involved unauthorized access using recycled phone numbers—those that had been reassigned after a previous user’s service ended.
Cash App acknowledged the breach in a SEC filing and has agreed to this class action settlement to resolve the lawsuit.
“The breach was the result of unauthorized access by a former employee, and we have taken steps to ensure that similar incidents will not occur in the future,” the company added in a statement.
How to Apply for the Cash App Settlement?
To qualify for a share of the Cash App class action settlement, you must meet the following criteria:
- Be a Customer: You must be a current or former customer of Cash App or Cash App Investing or have used an affiliated service.
- Data Accessed Without Authorization: Your personal information must have been accessed or obtained without your permission. This can also include instances where unauthorized withdrawals or fraudulent transactions were made between Aug. 23, 2018, and Aug. 20, 2024.
- Documentation of Losses: If you experienced any out-of-pocket losses, such as costs for credit monitoring or identity theft insurance, or if you incurred fees for initiating a credit freeze or overdraft fees, you must be able to provide proof of these losses.
“This settlement provides an opportunity for those affected by the breach to be compensated for any damages they may have experienced,” said Block’s representative during the announcement.
Application Process
- Online Claim Submission: If you received a personalized notice from the settlement, you can apply online by providing your Notice ID and confirmation code. If you didn’t receive a notice, you can still apply by submitting a claim and explaining your eligibility.
- Supporting Documents: You may need to provide supporting documentation, such as communication records with Cash App, receipts for financial losses, or police reports if applicable.
How Much Can You Receive from the Settlement?
If you are eligible for the settlement, compensation could be up to $2,500 for out-of-pocket losses and up to three hours of lost time at a rate of $25 per hour.
Additionally, individuals who experienced fraudulent withdrawals or transactions can submit claims to be reimbursed for the full amount lost.
However, the total payout for each individual will depend on how many claims are filed. If the amount of claims exceeds the total settlement fund, payments will be proportionally distributed.
“We’re committed to continuing our efforts to strengthen security and restore trust with our customers,” Cash App noted. “This settlement will allow us to move forward, providing compensation to affected users while reinforcing our commitment to data protection.”
Why it Matters?
This settlement provides significant relief for Cash App users who have been affected by the breach. As digital payment services become more integral to everyday life, ensuring that user data is protected is crucial. While Cash App denies any intentional wrongdoing, the breach underscores the growing concerns over online privacy and data security.
For affected customers, this settlement represents a chance to recoup some of their losses—whether through compensation for fraud-related charges, credit monitoring, or the inconvenience of having to resolve account issues caused by the breach. With the November 18, 2025 deadline quickly approaching, it’s crucial for eligible individuals to apply before the window closes.
FAQs
What is the deadline to apply for the Cash App settlement?
The deadline is November 18, 2025, so be sure to submit your claim before then to avoid missing out.
How much can I get from the settlement?
Eligible claimants can receive up to $2,500 for out-of-pocket losses, and up to three hours of lost time at $25 per hour.
Who is eligible for this settlement?
You must be a Cash App or Cash App Investing customer whose data was accessed without authorization, or if you experienced unauthorized transactions between Aug. 23, 2018, and Aug. 20, 2024.
How do I apply for my settlement share?
You can apply online, using a Notice ID and confirmation code. If you didn’t receive a notice, you can still apply by providing evidence of your eligibility.
How long will it take to receive my payment?
Payments will be distributed after the final approval hearing, which is set for December 16, 2025, though it may take longer depending on the legal proceedings.