In 2021 and 2023, Cash App experienced two significant data breaches, leading to a class action lawsuit due to alleged negligence in customer data handling.
Affected users may be eligible for a settlement, with claims up to $2,500, but reports indicate many suffered losses exceeding that amount, including one woman who lost $40,000.
Users impacted by the breach can seek reimbursement for various types of financial losses, provided they offer documentation, including credit monitoring costs or bank account changes.
Customers who used Cash App between August 23, 2018, and August 20, 2024, and whose accounts were accessed without consent may qualify for the settlement.
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