The U.S. Department of Justice has launched a compensation program for victims of the AirBit Club scam, a fraudulent crypto mining scheme. The program, which incurs no fees for claimants, aims to return assets seized from the scam, including over 16,000 bitcoins. Victims who have previously provided information to the FBI or prosecutors will be contacted by RCB Fund Services to facilitate the compensation process. AirBit Club, founded in 2015, was exposed as a financial pyramid scheme masquerading as a cryptocurrency mining and trading platform. The founders were indicted in August 2020 by the U.S. Attorney’s Office for the Southern District of New York on charges of money laundering and fraud. The trial concluded in September 2023, resulting in the court ordering the forfeiture of all illicit proceeds.