Yes the compressor has a dryer built into it. If that doesn't engage, or just dies, you will get a lot of moisture in the system.

Its a compressor thing in general. Figure it like this. The compressor sucks in air, we know that. Air has moisture. Moisture will collect. One way to get rid of moisture is to drain it, somewhere low in the system.

This would be a good thing do to if there was a low place in the system that could be opened up. I doubt that there is, so the system uses a dryer, I can't see this working to well though, and it is probably the cause of all these part failures in the suspension.