Welcome Cash App customers! If you were affected by data breaches between 2018 and 2024, you may be eligible for payments up to $2,500. Let’s VERIFY who qualifies for this settlement.
Cash App, owned by Block, Inc., is a popular smartphone app that allows users to transfer money and invest in the stock market. Recent Google Trends show an increase in searches for Cash App settlements, with rumors circulating about eligible customers receiving up to $2,500.
So, is this Cash App settlement legitimate? The answer is yes! A $15 million settlement is in place to compensate customers impacted by data breaches. Eligible customers could receive payments of up to $2,500.
The settlement addresses data breaches that occurred in April 2022 and October 2023, leading to litigation against Block, Inc. The payments cover out-of-pocket losses tied to these breaches, such as credit monitoring fees, accountant costs, and missed payments.
To qualify for the settlement, customers must have been impacted by the data breaches or experienced unauthorized transfers or errors in their Cash App account between Aug. 23, 2018, and Aug. 20, 2024. The deadline to file a claim is November 18, 2024, with payments expected after a final approval hearing in December 2024.
If you believe you qualify for this settlement, don’t hesitate to file a claim and secure your potential reimbursement. Stay informed with VERIFY Fast Facts Newsletter for more updates!
For more information and to file a claim, visit the Cash App settlement website here.
