Nearly two years after the claim deadline closed, money from the $15 million Cash App security settlement is finally moving. The settlement website now says distributions to approved claimants are scheduled for October 2026, ConsumerAffairs reported on Oct. 8. The search term “cash app 15 million security settlement” is trending in Maryland as users try to figure out whether they are owed anything.
The short answer: only people who filed a valid claim by Nov. 18, 2024, and had it approved will be paid. Having a Cash App account during the class period was never enough on its own.
What is the Cash App security settlement?
The class action, Salinas et al. v. Block Inc. et al. (Case No. 3:22-cv-04823), accused Block Inc. and Cash App Investing LLC of not doing enough to protect customers’ accounts and personal information. It was filed in 2022, the same year Block disclosed that a former employee had downloaded reports containing information on about 8.2 million current and former Cash App Investing customers. Block and Cash App Investing denied wrongdoing but agreed to a $15 million fund, and a federal court granted final approval on March 27, 2025.
According to ConsumerAffairs, payments took this long because the administrator had to finish reviewing claim deficiencies and appeals.
Who qualifies for a payment?
The class covers current and former customers who, between Aug. 23, 2018, and Aug. 20, 2024:
- had personal information or accounts accessed without permission,
- suffered unauthorized or fraudulent transfers, or
- ran into qualifying account errors.
On top of that, you must have submitted a timely claim that was approved. The administrator has said late claim forms are no longer accepted.
How much money will claimants get?
| Type of payment | Maximum | What you needed |
|---|---|---|
| Out-of-pocket losses fairly traceable to the incidents | Up to $2,500 | Documentation |
| Lost time dealing with the problems | Up to 3 hours at $25 an hour ($75) | A description of time spent |
| Unreimbursed transaction losses | Documented amount | Proof the money was not refunded |
The $2,500 figure is a cap, not a promised check. Attorneys’ fees and administrative costs come out of the same $15 million fund, so what an individual receives depends on what was claimed and approved.
How do I check my claim status?
Go directly to the official site, CashAppSecuritySettlement.com, by typing the address yourself, or call the administrator at 1-866-615-9740 about an existing claim. Do not follow links in a text or email to get there.
The scam texts Maryland users should ignore
Every big settlement payout brings a wave of fake “claim your money” messages, and a trending search term makes the bait more convincing. Treat these as red flags:
- A request for your Cash App sign-in code. Cash App says it will never ask for it. Anyone who has the code can take over your account.
- A “processing fee” or “release fee.” Legitimate settlement administrators do not charge you to receive your money.
- A link to any domain other than the official settlement site, or a shortened link you cannot read.
- Pressure to act within hours. The real deadline to file passed in November 2024, so a message offering a last chance to sign up is fake.
- A promise of a flat payout to every Cash App user. Payments go only to approved claimants.
If you receive one of these messages, report it at ReportFraud.ftc.gov and to the Maryland Attorney General’s Consumer Protection Division. If you already shared a code or password, change your Cash App PIN, review your linked bank accounts and contact Cash App support from inside the app.
Is this the same as the CFPB Cash App case?
No. In January 2025 the Consumer Financial Protection Bureau ordered Block to pay up to $175 million over how Cash App handled fraud and disputes, a separate federal action with its own process. Money from the $15 million class action goes only to people who filed claims in that case.
If you use Cash App for side income, also see our guide to what to report on your 2026 taxes.
Featured image: Cash App logo. Image: public domain via Wikimedia Commons.