The U.S. Department of Justice (DOJ) has announced the availability of approximately $400 million seized from the Airbit Club cryptocurrency Ponzi scheme to compensate victims. The DOJ's Office of Public Affairs confirmed the launch of a formal compensation process, converting seized criminal proceeds into a restitution fund for defrauded investors. Airbit Club, which falsely marketed itself as a cryptocurrency trading platform, was charged with fraud and money laundering by federal prosecutors. Victims seeking compensation must participate in a formal claims process, as the availability of funds does not guarantee automatic repayment. The Airbit Victim Fund FAQ page provides guidance on eligibility and claim filing. The timeline for compensation may extend over several months, involving identity verification and loss documentation. This recovery effort is one of the largest crypto fraud restitution initiatives by U.S. authorities, highlighting the DOJ's focus on financial recovery for victims. The case underscores increasing regulatory scrutiny and enforcement actions against fraudulent crypto operations.