The Cash App data security settlement is a $15 million class action resolving claims that Block, Inc. and Cash App Investing failed to protect users from two data breaches and from unauthorized account access. A federal judge in the Northern District of California granted final approval on March 27, 2025, the claim-filing window has closed, and approved claimants are receiving payments averaging roughly $138 to $200.1Credible Law. Cash App Lawsuit Settlement
What the Settlement Covers
Two separate security incidents drove the case. In December 2021, a former Block employee downloaded internal Cash App Investing reports after leaving the company. The files included customer names, brokerage account numbers, and in some cases portfolio values, holdings, and a day of trading activity. Social Security numbers, passwords, and payment card data were not exposed. Block disclosed the incident to the SEC in April 2022 and said about 8.2 million current and former customers were being notified.2SEC. Block, Inc. Form 8-K Filing
The second incident involved recycled phone numbers still tied to old Cash App accounts. Outside actors used those numbers to bypass account-recovery controls, view account information, and in some cases move money out. The complaint alleged Block’s phone-based verification left a gap intruders could walk through.3Cash App Security Settlement. Cash App Security Settlement Official Site
Plaintiffs alleged negligence, misrepresentation about the security of customer data, and failure to properly resolve complaints when users reported unauthorized activity. Block denied liability. The $15 million fund is non-reversionary, meaning unclaimed money does not go back to the company; class counsel valued the deal at roughly $20 million once injunctive relief is counted.4Angeion Group. Cash App Long Form Settlement Notice
Who Qualified and What They Could Claim
The settlement class covers current or former Cash App or Cash App Investing users whose account was accessed without authorization, or who experienced fraudulent transactions, between August 23, 2018, and August 20, 2024.5The Hill. Cash App Settlement: Are You Eligible to Claim Up to $2,500
Approved claimants could recover in three ways:
- Out-of-pocket losses up to $2,500, for documented expenses like credit monitoring, bank fees, and other breach-related spending. Receipts, account statements, or police reports were required.
- Lost time up to $75, calculated at $25 per hour for up to three hours spent dealing with fallout.
- Transaction losses, for documented fraudulent withdrawals or transfers, on top of the other categories.
Documentation is the reason many people who filed did not get paid. More on that below.
The Claim Deadline Has Passed
Claims had to be submitted through cashappsecuritysettlement.com by 10:59 p.m. Pacific on November 18, 2024.6Fox 26 Houston. Cash App Settlement Deadline The window is closed. If you did not file by that date, you cannot claim from this settlement now, and anyone contacting you saying otherwise about this specific case is not offering a legitimate route in.
Final approval came on March 27, 2025, and no appellate challenges to that order have been reported.3Cash App Security Settlement. Cash App Security Settlement Official Site
What Approved Claimants Are Getting Paid
Payments started April 10, 2025. As of late March 2026, about $5.6 million had been distributed. Individual payouts have averaged roughly $138 to $200. The administrator is still working through replacement checks for undeliverable mail and returned electronic payments.1Credible Law. Cash App Lawsuit Settlement
The approval rate is the striking number. More than 667,000 claims were filed, and about 40,380 were approved. Most rejections came down to missing documentation or claimants falling outside the class definition. If you filed and your claim was approved, check the mailing address and payment method on file with the administrator; if you were approved but never received payment, a reissue is the likely fix, not a new claim.
If You Missed This One, Check Whether You’re Owed Money Elsewhere
Two other actions against Block cover overlapping ground but are separate from the class action settlement, and eligibility works differently in each.
CFPB Consumer Redress
On January 16, 2025, the Consumer Financial Protection Bureau ordered Block to pay $175 million over Cash App’s handling of fraud complaints and unauthorized transactions. Between $75 million and $120 million of that is refunds and redress to consumers who were harmed when Cash App failed to investigate unauthorized transactions properly or denied refunds owed to them. A $55 million civil penalty goes to the CFPB’s victims relief fund.7CFPB. CFPB Orders Operator of Cash App to Pay $175 Million and Fix Its Failures on Fraud
You do not file a claim for this. Cash App has said it will contact affected consumers directly when redress payments are ready, and that no action is required in the meantime.8Cash App. Cash App CFPB Settlement
The Bottoms Spam-Text Settlement
A separate $12.5 million class action, Bottoms v. Block, Inc., resolved claims that Cash App’s “Invite Friends” referral feature sent unsolicited texts to Washington state residents in violation of state consumer-protection and commercial-email laws.9Payments Dive. Block Agrees to $12.5M Settlement in Cash App Spam Text Case It received final approval on December 2, 2025. Approved claimants received $394.36 each, and reissued checks were mailed by early April 2026.10Bottoms Text Settlement. Bottoms v. Block Inc. Settlement It is a different class of plaintiffs and a different set of claims than the data security settlement, and appearing in one has nothing to do with eligibility for the other.