Bitcoin ATM operator Byte Federal data breach class action settlement

Bitcoin ATM operator Byte Federal has agreed to a class action lawsuit settlement to resolve claims that it failed to prevent a 2024 data breach that compromised sensitive consumer information.

The Byte Federal settlement benefits consumers whose private information was compromised in Byte Federal’s Nov. 18, 2024, data breach.

The data breach class action lawsuit claims Byte Federal failed to implement reasonable cybersecurity measures that could have prevented the 2024 data breach. The Byte Federal data breach compromised names, birth dates, Social Security numbers, transaction information and more.

Byte Federal is a cryptocurrency ATM company with locations across the country. The company lets users send and receive Bitcoin.

The company hasn’t admitted any wrongdoing but agreed to pay an undisclosed sum to resolve the data breach class action lawsuit.

Under the terms of the Byte Federal settlement, class members can receive up to $3,000 for documented data breach losses such as fraud, identity theft, professional fees, credit costs and other expenses.

Class members can also receive compensation for up to four hours of lost time at a rate of $20 per hour. This benefit is capped at $80.

All class members are eligible for two years of free credit monitoring services valued at $90 per year. These services include real-time credit monitoring, dark web scanning, public record monitoring, identity theft insurance, fraud resolution agents and more.

The deadline for exclusion and objection is Aug. 4, 2025.

The final approval hearing for the Byte Federal data breach settlement is scheduled for Sept. 3, 2025.

In order to receive settlement benefits, class members must submit a valid claim form by Aug. 19, 2025.

Who’s Eligible

All individuals residing in the United States whose private information was impacted by the Byte Federal data breach that occurred on Nov. 18, 2024.

Potential Award

$3,080

Proof of Purchase

Receipts, account statements, tax forms, financial documents, legal letters and other proof of data breach-related expenses.

Claim Form

NOTE: If you do not qualify for this settlement do NOT file a claim.

Remember: you are submitting your claim under penalty of perjury. You are also harming other eligible Class Members by submitting a fraudulent claim. If you’re unsure if you qualify, please read the FAQ section of the Settlement Administrator’s website to ensure you meet all standards (Top Class Actions is not a Settlement Administrator). If you don’t qualify for this settlement, check out our database of other open class action settlements you may be eligible for.

Claim Form Deadline

08/04/2025

Case Name

Fisher, et al. v. Byte Federal Inc., Case No. CACE-25-002678, in the 17th Judicial Circuit Court in and for Broward County, Florida

Final Hearing

09/03/2025

Settlement Website

ByteDataIncident.com

Claims Administrator

Byte Data Incident Settlement
c/o Settlement Administrator
PO Box 26170
Santa Ana, CA 92799
[email protected]
833-296-0996

Class Counsel

Jeff Ostrow
KOPELOWITZ OSTROW PA

Mariya Weeks
MILBERG COLEMAN BRYSON PHILLIPS GROSSMAN PLLC

Andrew Shamis
SHAMIS & GENTILE PA

A. Brooke Murphy
THE MURPHY LAW FIRM

Defense Counsel

Alfred John Saikali
Jennifer A. McLoone
SHOOK, HARDY & BACON LLP