If you used a Bitcoin ATM in the last couple of years, there’s a chance you might be part of a big class action settlement that could put up to $3,000 in your pocket. Byte Federal, one of the larger Bitcoin ATM providers in the U.S., is paying out after a serious data breach, and it’s a case a lot of people haven’t even heard about. It was a kind of privacy breach which happened in late 2024 that compromised the personal details of countless individuals. It was Byte’s Federal system breach that put the sensitive information of several at stake. Later, the case was investigated by concerned individuals and parties. When they asked the firm, the response was swift and not acceptable, wherein the company denied any fault from their end.
Later, when the lawsuit was filed and inquiries started happening, then they tried to settle the issue outside the court to avoid image tarnishing. It has been a landmark victory of customers over corporate greed that will inspire others too when there is a question of rights arising. This piece here, describes about the $3000 payment, which is associated the case compensation, and who will be getting it alongside the eligibility.
$3,000 Bitcoin ATM Operator Byte Federal Data Breach Class Action Settlement
Back in late 2024, Byte Federal’s systems were breached. Apparently, hackers got in through a flaw in third-party software the company used. They didn’t catch the breach right away, either. It took weeks before they even knew anything had happened, which gave whoever was behind it plenty of time to pull the information.
And not just basic information like emails in case but it is about more private information, including full names, birth dates, Social Security numbers, government IDs, and even photos and Bitcoin transaction records. For a lot of individuals, that’s a complete digital fingerprint floating around who knows where.
After the breach was discovered, Byte Federal brought in cybersecurity experts to lock things down. But the damage had already been done. And since people’s most sensitive info was exposed, it didn’t take long before a class action lawsuit followed.
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Rather than dragging the issue out in court, the company agreed to settle. That means if you were affected, you could be owed a payout, and it’s not pocket change.
$3000 Bitcoin Case in Byte Federal Data Breach Case: Overview
| Country | USA |
| Subject | Byte Federal’s Data Breach Settlement |
| Amount | $3000 |
| Last Date to File Claim | 19th August 2025 |
| Final Approval on | 3rd September 2025 |
| Payment type | Judicial Settlement |
| Authority concerned | 17th Judicial Circuit Court in and for Broward County, Florida |
| Domain | Finance |
Byte Federal Data Breach Class Action Settlement Payment Amount
Well, the settlement includes a few different things. First, there’s reimbursement for actual money people lost up to $3,000. That could be the costs related to fraud, paying for ID theft recovery, legal services, or anything else that concerned people had to spend money on to protect them. It will requisite to show proof though receipts, bank statements, and other kinds of relevant details.
Then there’s something for your time in the case, if you have spent hours freezing your credit, calling banks, updating passwords, or just trying to figure out what happened, you can claim up to four hours of your time at $20 an hour. That’s an extra $80, which isn’t bad considering it’s for something you already did.
Apart from that, everyone who qualifies gets two years of credit monitoring too. That includes alerts for any suspicious activity, identity theft protection, and regular credit checks. It’s a pretty solid service, and you won’t have to pay a dime for it.
Altogether, that’s up to $3,080 in value, depending on your situation. If you’re wondering whether you qualify, it comes down to whether you used a Byte Federal ATM and were affected by the breach. The company reportedly sent out notices to people they identified, but if you didn’t get anything and think you might still be included, you can still submit a claim.
Significant Dates of Events in the $3000 Compensation Issue
The important date to know is August 19, 2025, because that’s the deadline to get your claim in. There’s a form to fill out either online or by mail, and you’ll want to include any documents that support your claim.
If you don’t want to be part of the settlement, or if you plan to object to it, there’s a different deadline, which is August 4. After that, you’re locked in either way.
The court will review everything and give the final approval (or not) on September 3. If it gets approved, and most of these settlements usually do, payments will likely start going out sometime in the months after.
Conclusion
It’s easy to shrug off this kind of news, especially with how many breaches happen nowadays. But identity theft isn’t always immediate. Sometimes the fallout shows up a year or two down the road. That’s why even if you didn’t lose money now; it’s worth signing up for the monitoring or at least claiming time spent fixing things.
At the end of the day, this is one of those rare situations where doing a bit of paperwork could result in a decent payout or, at the very least, peace of mind. It takes maybe 15–20 minutes to file a claim. If your info was caught up in this mess, you might as well take the win while it’s on the table.
Frequently Asked Questions
1. What’s this $3000 case all about?
Byte Federal, a Bitcoin ATM operator, suffered a data breach back in late 2024, around November 18, where hackers gained access to sensitive customer info. That includes stuff like your name, date of birth, Social Security number, transaction history, and more.
2. Who’s included in this $3000 settlement?
This settlement concerns those who are residents of the United States and affected by a personal data breach in the case. Family members or any other acquaintance who claims on behalf on the victim is excluded, judges on the case, and government bodies are also not a part of it due to the reason of influencing the hearing and verdict.
3. What can actually be received from this deal?
You may be entitled to three major things, and they are:
- Credit monitoring for 2 years, valued at around $90/year, which includes real-time credit alerts, dark web scans, identity theft insurance (up to $1 million), and help from fraud resolution agents.
- A payout of up to $3,000 if you have documented out-of-pocket losses like unreimbursed fraud charges, fees for credit repair, attorney or accountant bills, credit monitoring expenses after the breach notice, or even costs like postage, mileage, copies, or notary charges. You have to provide receipts or documentation.
- Up to $80 compensation for time spent dealing with the fallout, think resetting passwords, calling your bank, and investigating. It’s capped at 4 hours at $20/hour.
4. So, why do people say “$3000,” but some mention $3,080?
The $3,000 is for documented losses that are considered as happened in the cases of masses. The extra up to $80 comes from the time you spent dealing with the breach. Put together, that’s roughly $3,080. Not every individual has spent the time addressing thee concern, so there is a difference in the amount.
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Hello! I’m Kaylani , a professional content writer with a knack for breathing life into words. I have been providing high-quality, research-driven content in Sectors like Technology & Personal Finance . With a background in Finance Tech Management , I specialize in turning complex information into engaging content that resonates with a wide.