Cash App glitch debt refers to a software malfunction in the Cash App mobile payment service that resulted in users accumulating unexpected negative balances in their accounts.
The glitch, which occurred in early 2023, caused a variety of problems for users, including unauthorized withdrawals, incorrect transaction histories, and frozen accounts. Cash App quickly acknowledged the issue and took steps to resolve it, but many users were left with significant debts that they were unable to repay. The company has since reimbursed most affected users, but some are still struggling to recover from the financial impact of the glitch.