Cash App users have until November 18, 2024, to submit their claim for reimbursement for the data and security breach.
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You can easily get money through apps like Cash App. In this case, you could get up to $2,500.
If you witnessed an unauthorized or fraudulent withdrawal or transfer of funds from your Cash App account between August 23, 2018, and August 20, 2024, you are eligible to file a claim under the $15 million settlement for two data breaches in 2022 and 2023, according to the settlement website. Filing of claims is open now.
The class action lawsuit against the mobile payment service states that the violations resulted in “the unauthorized publication of the personal information of 8.2 million current and former Cash App Investing customers.”
As part of the settlement, Cash App and its owner Block Inc. deny doing anything wrong.
How do I know if I’ve been scammed on Cash App?
Be on the lookout for unauthorized or fraudulent withdrawals or money transfers from your Cash App account between August 23, 2018, and August 20, 2024.
Am I entitled to make a claim?
To qualify, you must have had a Cash App account between August 23, 2018, and August 20, 2024. You are not eligible if you have already been compensated by Block Inc., Cash App Investing or a third party for unauthorized or fraudulent activity, Cash App said.
What types of claims can Cash App users make?
According to Cash App, a user can file a claim for:
- Losses to be paid out of pocket: Users can file a claim showing that their Cash App account was affected by the data breach. If a user is eligible for a refund, they can receive up to $2,500 after submitting the necessary documentation to the company.
- Lost time: Cash App users who file a claim may be entitled to reimbursement for lost time. Users can file a claim for up to three hours at a rate of $25 per hour for time spent related to unauthorized users and data breaches.
- Transaction losses: If a user has suffered a financial loss and has not been compensated, he or she may make a claim for reimbursement of transaction losses.
What if I have more than one Cash App account?
Users should only submit one claim form, but if you have multiple Cash App accounts you want to submit a claim for, the mobile payment service recommends users list all of their $(InsertYourCashTag) and information about their claims on a single claim form, Cash App said.
How can I make a claim?
To make a claim, Cash App users can submit a completed claim form for review by November 18, 2024.
You can submit the claim form at https://cashappsecuritysettlement.com/submit-claim.
What is Cash App?
Cash App, like PayPal, Zelle, and Venmo, is a financial app that allows users to send and receive money using a mobile device. Cash App also allows users to buy and sell stocks and bitcoins, offers a debit card, and allows users to file their taxes for free.
How many people in Florida use Cash App?
According to financial information site Stilt, nearly half of all Cash App users live in four states: Texas, California, Florida and New York.
Florida Cash App users are the third largest group, accounting for over 10% of the total user base, Stilt said.
