Three Gemini Earn users have filed a class-action arbitration request with Genesis Global Capital and Digital Currency Group (DCG) in response to Gemini’s plans to suspend its Earn redemptions due to Genesis’ freeze on withdrawals, CoinDesk reported. The claimant alleges that Genesis failed to return its and all Gemini Earn users' digital assets as required by the master agreement between the company and its users, and that Genesis first breached the master agreement when the company went bankrupt in the summer of 2022, but concealed its claims from customers. Insolvency, Genesis then entered into a sham deal with its parent company, DCG, to cover up its insolvency, exchanging a claim on $2.3 billion of debt owed to Genesis by now-bankrupt hedge fund Three Arrows Capital for a $1.1 billion term due in 2033. ticket.