In 2024, Block, Inc. (Cash App’s parent company) agreed to pay $12.5 million to settle a class-action lawsuit over two major data breaches that happened in 2022 and 2023. Over 8 million users may have had personal info exposed. Now the money is being distributed — and some people could get up to $2,500 each!
Background: The 2022–2023 Data Breaches
- 2022: A former employee illegally downloaded reports with names, brokerage info, and account numbers.
- 2023: Hackers used recycled phone numbers to access accounts (no fault of Cash App, but still scary).
These incidents led to the massive lawsuit and the settlement we’re talking about today.
Who Is Eligible for the Settlement?
You’re likely included if:
- You had a Cash App personal account anytime from August 23, 2018 – August 22, 2024
- You’re a U.S. resident
- You suffered losses from unauthorized transactions OR just had your data exposed
Even if you didn’t lose money, you can still get a small payment just for being part of the class!
How Much Money Could You Get?
| Tier | What You Get | Est. Payout |
|---|---|---|
| Out-of-pocket losses | Reimbursed 100% + interest | Up to $2,500 |
| Time spent fixing issues | Up to 3 hours at $20/hour | Up to $60 |
| Basic “inconvenience” payment | Everyone else | $15–$25 (est.) |
Step-by-Step Claim Process (Takes 5 Minutes!)
- Go to the official site: CashAppSecuritySettlement.com
- Click “File a Claim”
- Enter your name, email, or the phone number linked to your Cash App
- Choose your claim type (losses or basic)
- Submit — that’s it!
Important Deadlines You Can’t Miss
- Claim deadline: February 21, 2025
- Objection/exclusion deadline: January 20, 2025
- Final approval hearing: March 20, 2025
Payment Timeline – When Will Checks Arrive?
If approved in March 2025, payments should start going out by summer 2025 — direct deposit or paper check.
Comparison: Cash App vs. Other Recent Settlements
| Settlement | Total Fund | Max Individual Payout | Claim Deadline |
|---|---|---|---|
| Cash App 2024 | $12.5M | $2,500 | Feb 21, 2025 |
| Equifax (2017 breach) | $425M | $20,000 | Already closed |
| T-Mobile 2021 | $350M | $25,000 | Closed |
| Yahoo 2013–2016 | $117.5M | $358 (most got $100) | Closed |
Expert Tips to Make Sure You Get Paid
- File early — don’t wait until February!
- Use the email/phone you had with Cash App back then.
- Keep proof of any unauthorized charges (bank statements help).
- Check your spam folder for the official notice.
Frequently Asked Questions (FAQs)
Q: Do I need a lawyer?
A: Nope! It’s free and super simple.
Q: Will filing affect my Cash App account?
A: No, it’s completely separate.
Q: Is this a scam?
A: Only if it’s not from CashAppSecuritySettlement.com — that’s the real one.
Q: I deleted Cash App years ago — still eligible?
A: Yes, as long as you had an account during the period.
Final Thoughts – Check Today!
This $12.5 million Cash App settlement is legit free money for millions of users affected by the breaches. It only takes a few minutes to check eligibility and file — and the deadline is creeping up fast (February 21, 2025). Even if you only get $15–$25, that’s a free coffee (or three)! Head over to CashAppSecuritySettlement.com right now and see if you’re owed money. And hey — share this post with friends who used Cash App; they’ll thank you later!