Cash App Lawsuit 2024 Update Today. Current and former cash app users may be eligible for a portion of a $15 million settlement following a lawsuit over data and security breaches. Following a class action lawsuit, mobile banking app cash app is paying $15 million for failing to protect its users from security breaches.
According to the class action lawsuit, cash app failed to protect consumers from two data breaches in 2022 and 2023. Agreed to pay $15 million to settle a lawsuit that alleged a โfailure to exercise reasonable careโ in.