#USA #Washington #AirBit Club #RCB Fund Services #Victim Fund

Announcement of the AirBit Victim Fund

In a significant development for those affected by the fraudulent AirBit Club scheme, RCB Fund Services LLC, acting as the Claims Administrator for the AirBit Victim Fund (AVF), has officially opened the petition submission process for victims. This initiative, endorsed by the United States Department of Justice (DOJ), aims to compensate individuals who incurred losses due to the fraudulent activities marketed by the AirBit Club.

Background of the Fraud

The AirBit Club scheme misled potential investors by promising substantial returns through cryptocurrency mining and trading activities. Victims were encouraged to purchase memberships under false pretenses, leading to direct financial losses for many. Understanding the devastating impact on victims, the DOJ established the AVF to facilitate compensation and support recovery efforts.

Eligibility Requirements

To participate in this compensation process, applicants must qualify as victims of the AirBit fraud. A victim is defined as someone who directly suffered financial losses due to the scheme. This means individuals who have merely acted as intermediaries, transferring funds on behalf of others, do not qualify for compensation. This clear distinction aims to ensure that genuine victims receive the support they require.

Loss Calculation Methodology

The process for calculating eligible losses has been outlined as follows:

• - Cash-in, Cash-out Methodology: Victims need to document the total amount invested in purchasing AirBit Club memberships (termed as "cash-in"). This total will be offset by any amounts withdrawn from the AirBit Club (known as "cash-out"). It’s crucial to note that any fictitious earnings reported to participants will not be included in the loss calculation, ensuring that only actual financial losses are considered.

How to Apply for Compensation

Individuals eligible for compensation can file their petitions through the following methods:
1. Online Submission: The most straightforward approach is to complete a petition form available online at www.airbitvictimfund.com.
2. Downloadable Form: Alternatively, individuals may download and print the petition form from the website and mail it to the designated address.
3. Request By Phone or Email: Those who prefer direct assistance can request a form by calling the toll-free number (800) 765-7251 or emailing [email protected].

Filing Deadline

It is important for potential applicants to note that all petitions must be filed online or postmarked no later than midnight on July 31, 2026. This deadline assures that all claims are promptly processed, and victims can receive the assistance they deserve without undue delays.

Conclusion

The establishment of the AirBit Victim Fund marks a vital step in addressing the wrongs suffered by many due to fraudulent practices. As victims are now empowered to seek restitution for their losses, it is a crucial opportunity for recovery and justice. All potential claimants are encouraged to act swiftly to ensure they do not miss the opportunity to reclaim their financial losses. For more details, please visit the official AVF website or contact RCB Fund Services directly.

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For further inquiries:
AirBit Victim Fund
PO Box 6090
Syracuse, NY 13217-6090
Toll-Free: (800) 765-7251