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Byte Federal

100% American-Made Bitcoin ATMs

USA Made Lightning Network Non-Custodial Wallet
1,302
Locations
41
States
Varies
Avg Fee
Report Fee
C
Good Trust Rating
FinCEN Registered MSB
Licensed in 13 States
Nationwide Coverage

About Byte Federal

Byte Federal is a Venice, Florida-based Bitcoin ATM operator founded in 2016. The company distinguishes itself by developing 100% American-made hardware and software for their ATM network spanning 1,350+ locations across 42 states.

Byte Federal offers Lightning Network support for faster, lower-cost Bitcoin transactions, plus their ByteWallet (non-custodial wallet) and ByteVault apps for managing cryptocurrency. They also provide POS systems for merchants to accept crypto payments.

Visit bytefederal.com for more information.

ATM Hardware
Byte Federal ByteATM
Byte Federal ByteATM
2.5
One-Way1,000 bills

USA Made

American hardware & software

Lightning Network

Fast, cheap transfers

ByteWallet

Non-custodial wallet

Merchant POS

Business solutions

Compliance & Licensing
FinCEN MSB Registration
31000167890123
State Licenses
FL, TX, CA, NY, IL +8 more
Last Verified
2025-01-15
Regulatory Record
1 NMLS Actions
2 Reg. Actions
1 Litigations

High regulatory risk - review details before transacting

Litigation Notice

Byte Federal suffered a major data breach in September 2024 exposing ~58,000 customers' SSNs, government IDs, transaction histories, and user photos via a GitLab vulnerability — the most data-rich exposure in Bitcoin ATM industry history. Class action (Fisher v. Byte Federal) settled April 2025. Also subject to Missouri AG Civil Investigative Demand (January 2026).

Read full analysis →
Trust Factors
Overall Grade: C
Pending Investigations -10
Pending Litigations -15
Consumer Fraud Complaints -10
NMLS Adverse Actions -10
Years Operating +10
Editor's Assessment Strong product undermined by major data security breach
C

Byte Federal's vertical integration and American-made hardware remain genuine differentiators. However, a September 2024 data breach via a GitLab vulnerability exposed ~58,000 customers' sensitive data — the most comprehensive victim profile of any Bitcoin ATM industry breach, including SSNs, government IDs, on-chain transaction histories, and user photographs. This data enables recovery scam operators to construct highly targeted impersonation campaigns with apparent insider knowledge of victims' financial activity. The resulting class action (Fisher v. Byte Federal, CACE-25-002678) reached preliminary settlement in April 2025. Combined with the pending Missouri AG investigation, the C rating reflects elevated risk despite an otherwise differentiated product.

Hardware Rating
2.5
Average
Build Quality
3
Security
3
Two-Way
1
Upgradability
3
Aesthetic
3
Serviceability
3
Models Used
Byte Federal ByteATM 2.6
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Customer Reviews

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Byte Federal: Complete Overview

Source: bitcoinatm.news Trust Score System — Updated March 2026

Trust Rating

Grade: C (65/100 points). Strong product undermined by major data security breach

Byte Federal's vertical integration and American-made hardware remain genuine differentiators. However, a September 2024 data breach via a GitLab vulnerability exposed ~58,000 customers' sensitive data — the most comprehensive victim profile of any Bitcoin ATM industry breach, including SSNs, government IDs, on-chain transaction histories, and user photographs. This data enables recovery scam operators to construct highly targeted impersonation campaigns with apparent insider knowledge of victims' financial activity. The resulting class action (Fisher v. Byte Federal, CACE-25-002678) reached preliminary settlement in April 2025. Combined with the pending Missouri AG investigation, the C rating reflects elevated risk despite an otherwise differentiated product.

Fees

Fee data not yet available.

Key Facts

  • Founded: Unknown
  • Locations: 1,302 across 41 states
  • Transaction types: Buy only
  • Phone: 1-786-686-2983
  • Email: support@bytefederal.com

Enforcement & Regulatory History

AG Catherine Hanaway issued CID to Byte Federal as part of statewide investigation into Bitcoin ATM operators. Investigation focuses on fee disclosure practices and anti-fraud policies. This is an investigative demand, not a lawsuit or finding of wrongdoing. (pending); Consent order regarding money transmission activities (resolved); Class action filed after September 2024 data breach exposed ~58,000 customers' personal data including SSNs, government IDs, and transaction history. Breach caused by GitLab vulnerability exploitation. Settlement with preliminary approval (April 2025) offers up to $3,080 per affected individual plus 2 years credit monitoring. (settled); Byte Federal notified ~58,000 customers of unauthorized access exposing names, DOB, SSNs, government-issued IDs, photos, phone numbers, addresses, and transaction information. Root cause: exploitation of GitLab vulnerability on September 30, 2024..

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How Trust Ratings Work

Overview

Each operator starts with a base score of 100 points. Points are deducted for regulatory issues, legal problems, and consumer complaints. Bonuses are added for years of operation and clean compliance records.

Deductions

  • Cease & Desist Order (pending)-30 pts
  • Ponzi Scheme / Fraud Allegations-40 pts
  • Pending Litigation (each)-15 pts
  • Consumer Fraud Complaint (each)-10 pts
  • NMLS Adverse Action (each)-10 pts
  • Danger-Level Warning-25 pts

Bonuses

  • Years Operating (+2/year, max 10)+10 pts max
  • Clean Compliance Record+5 pts

Grade Thresholds

A+
90-100
A
80-89
B
70-79
C
60-69
D
50-59
F
0-49

Trust ratings are based on publicly available regulatory records, legal filings, and consumer complaints. Ratings are updated as new information becomes available.