# Remission Fund Opens to Compensate Victims of the AirBit Club Fraud

- Link: https://www.thailand-business-news.com/pr-news/remission-fund-opens-to-compensate-victims-of-the-airbit-club-fraud
- Published: 2026-05-13T20:42:00+07:00
- Author: PR Newswire

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WASHINGTON, May 13, 2026 /PRNewswire/ — RCB Fund Services LLC ("RCB"), the Claims
Administrator for the AirBit Victim Fund (the "AVF") on behalf of the United States
Department of Justice ("DOJ"), today announced the opening of the petition submission
process for victims of the AirBit Club fraud.

AVF was established by the DOJ to compensate individuals who suffered financial 
losses as a result of a fraudulent scheme conducted at the AirBit Club. AVF is intended
to provide compensation to victims who were induced to purchase AirBit Club memberships
based on false representations, including promises of guaranteed daily returns purportedly
generated through cryptocurrency mining and trading activities. For more information
regarding the AVF compensation process, please see the [DOJ Press Release](https://edge.prnewswire.com/c/link/?t=0&l=en&o=4682329-1&h=3112554331&u=https%3A%2F%2Fwww.justice.gov%2Fopa%2Fpr%2Fus-department-justice-announces-compensation-process-victims-airbit-club-fraud-scheme&a=DOJ+Press+Release).

**Who Is Eligible to Participate?To be eligible for compensation from the AVF, an
individual must qualify as a "victim" of the AirBit fraud. A victim is defined as
a person who suffered a direct pecuniary loss as a result of the scheme. Individuals
who did not suffer an actual financial loss, such as those who merely transferred
funds on behalf of others, are not eligible to receive compensation.

**How Are Losses Calculated?Eligible losses will be calculated using a "cash-in,
cash-out" methodology. Under this approach, a petitioner must document the total
amount of money and/or virtual currency used to purchase AirBit Club memberships("
cash-in"). This amount will then be reduced by any funds or virtual currency withdrawn
from AirBit Club ("cash-out"). Any fictitious or paper profits that may have been
reported to participants will not be considered in determining eligible losses.

**How to ApplyTo participate, individuals must submit a completed petition form 
along with supporting documentation by the filing deadline.

The easiest way to file is online at: [www.airbitvictimfund.com](https://edge.prnewswire.com/c/link/?t=0&l=en&o=4682329-1&h=1208228391&u=http%3A%2F%2Fwww.airbitvictimfund.com%2F&a=www.airbitvictimfund.com)

Alternatively, petitioners may:

 ◦ Download and print a petition form from the website and mail it to the address
   below;
 ◦ Request a form by calling toll-free at (800) 765-7251; or
 ◦ Request a form via email at [info@airbitvictimfund.com](https://www.thailand-business-news.com/pr-news/info@airbitvictimfund.com).

**Petition Filing DeadlineAll petitions must be submitted online or postmarked no
later than midnight on July 31, 2026.

**Apply NowAirBit Victim Fund
PO Box 6090Syracuse, NY 13217-6090Toll-Free: (800)
765-7251

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**Read the original article :** [Remission Fund Opens to Compensate Victims of the AirBit Club Fraud ](http://www.prnasia.com/story/archive/4952838_AE52838_0?rand=184833)