Cash App $15 Million Settlement Update for April 2025 – Claim Up to $2,500!

On: Tuesday, April 22, 2025 4:45 AM

There is a big relief news for millions of people using Cash App. Users have suffered heavy losses due to data breach and fraudulent transactions in Cash App in the last few years. Now those affected people are going to get compensation – although there is still a little wait on when the payment will be made.

What is Cash App Settlement?

This settlement is the result of a class action lawsuit filed against Cash App when users’ data was intruded in an unauthorized manner. In this, many people faced fraudulent transactions, their personal information was leaked, and many security related problems came to the fore.

To resolve this case, Cash App has settled for $15 million (about Rs 125 crore). This amount will be given to all those users who have filled the claim form correctly by November 18, 2024.

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When will the settlement payment be received?

The final decision on the settlement will be taken in court on January 13, 2025. After this, if there are no appeals and all the claims are found to be correct, then the payment is likely to be received by the end of 2025.
However, if there are many appeals or the claim verification takes more time, then the payment may also be delayed.

What compensation can be received?

Under Cash App Settlement, different payments can be received for different types of losses:

1. Out-of-Pocket Losses

If you have lost money due to hacking or fraud and you have provided evidence of this such as bank statements or reports, then you can get compensation of up to $2,500.
Time frame: Events between August 23, 2018 and August 20, 2024 will be valid.

2. Lost Time Compensation

If you contacted customer service, monitored your account or made other efforts due to data breach, you can get a payment of up to 3 hours (total $75) at the rate of $25 per hour.

3. Fraudulent Transaction Losses

If unauthorized transactions took place from your account and you submitted evidence of it such as a police report or notice, then you are entitled to get a share from the Settlement Fund.

Eligibility – Who can take advantage of the Settlement?

Only those people are eligible for the settlement who:

Used Cash App between August 23, 2018 and August 20, 2024.
During this period, there has been unauthorized access or fraudulent transaction in their account.
They have submitted the claim form correctly and on time, which includes bank statements, receipts or other proof.

Why can the payment be delayed?

Settlement payment can be delayed due to some reasons:

Appeals Process: If a decision is objected to and appealed, it can take months.
High number of claims: If many people have made claims, it will take time to check all the claims.
Verification and category: If there is more than one type of payment, it can take more time to calculate them.

Method of payment: If you have chosen Digital Payment (PayPal, Zeller, Direct Bank Transfer), then you will get the payment quickly. But if you have chosen Physical Check, then there may be more delay in it.

How to check the status of settlement?

If you have made a claim and want to check its status, you can contact the Settlement Administrator:

Phone Number: +1-866-615-9740
Mailing Address: Given on the official website of Settlement.

When you call, keep the Claimant Unique ID and Confirmation Code with you so that they can easily find your information. They will tell you the status of your payment, how long it may take, and what to do if there is any problem.

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Conclusion – What should you do?

Cash App Settlement brings much-needed relief to those whose personal information or money was at risk due to this data hack.

If you have made a claim correctly, be patient. The settlement process can be a bit long, but it is expected to be completed by the end of 2025.
Keep checking your email and settlement information so you’ll be ready the moment your payment is ready.

FAQs

Q1. What is the Cash App $15 Million Settlement about?

A: The settlement is related to a legal case involving Cash App users who were affected by alleged unauthorized transactions or data issues. The company has agreed to a $15 million payout to eligible users as part of the resolution.

Q2. Who is eligible to claim money from the Cash App settlement?

A: Users who used Cash App during the affected time period and experienced specific issues, such as unauthorized charges, may be eligible. The settlement defines clear criteria for qualification—check the official website to confirm.

Q3. How much can I claim from the settlement?

A: Eligible individuals may be able to claim up to $2,500, depending on the severity of their case and the documentation they provide. Exact amounts will vary.

Q4. How can I file a claim for the Cash App settlement?

A: You can file a claim by visiting the official settlement website, filling out the form, and submitting any required documentation before the stated deadline.

Q5. Is there a deadline to submit my claim?

A: Yes, all claims must be submitted by a specific deadline (check the official site for the exact date). Submitting late may disqualify you from receiving payment.