Customers of Cash App Can Now Start Applying for Share of $15M Settlement

August 15, 2024 10:05:00

Cash App customers could receive slightly more than $2,500 each after the mobile payment service and its parent company, Block, agreed to a $15 million data and security breach class-action settlement. Customers whose accounts had fraudulent transfers or withdrawals or were accessed without their consent are eligible for the class-action settlement as long as they had or still have a Cash App account from August 23, 2018, to August 20, 2024.

The class-action was based on a 2021 incident where a former Cash App employee downloaded reports from American accounts without authorization as well as another breach by…

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