WASHINGTON, Could 13, 2026 /PRNewswire/ — RCB Fund Providers LLC (“RCB”), the Claims Administrator for the AirBit Sufferer Fund (the “AVF”) on behalf of the USA Division of Justice (“DOJ”), at this time introduced the opening of the petition submission course of for victims of the AirBit Membership fraud.
AVF was established by the DOJ to compensate people who suffered monetary losses on account of a fraudulent scheme carried out on the AirBit Membership. AVF is meant to offer compensation to victims who had been induced to buy AirBit Membership memberships based mostly on false representations, together with guarantees of assured day by day returns purportedly generated by means of cryptocurrency mining and buying and selling actions. For extra data relating to the AVF compensation course of, please see the DOJ Press Launch.
Who Is Eligible to Take part?
To be eligible for compensation from the AVF, a person should qualify as a “sufferer” of the AirBit fraud. A sufferer is outlined as an individual who suffered a direct pecuniary loss on account of the scheme. People who didn’t endure an precise monetary loss, comparable to those that merely transferred funds on behalf of others, will not be eligible to obtain compensation.
How Are Losses Calculated?
Eligible losses shall be calculated utilizing a “cash-in, cash-out” methodology. Underneath this strategy, a petitioner should doc the full amount of cash and/or digital foreign money used to buy AirBit Membership memberships (“cash-in”). This quantity will then be diminished by any funds or digital foreign money withdrawn from AirBit Membership (“cash-out”). Any fictitious or paper earnings that will have been reported to contributors is not going to be thought of in figuring out eligible losses.
Tips on how to Apply
To take part, people should submit a accomplished petition kind together with supporting documentation by the submitting deadline.
The simplest strategy to file is on-line at: www.airbitvictimfund.com
Alternatively, petitioners could:
- Obtain and print a petition kind from the web site and mail it to the handle under;
- Request a kind by calling toll-free at (800) 765-7251; or
- Request a kind by way of electronic mail at [email protected].
Petition Submitting Deadline
All petitions should be submitted on-line or postmarked no later than midnight on July 31, 2026.
Apply Now
AirBit Sufferer Fund
PO Field 6090
Syracuse, NY 13217-6090
Toll-Free: (800) 765-7251