The crypto bull market of 2024 made it possible to pay back Earn customers not some fraction of what they invested but the generally much higher sum of what their holdings would now be worth. For instance, a customer who had put one full bitcoin in the program would be paid back not just the $20,000 it was worth at the time Genesis declared bankruptcy; rather, they would receive a full bitcoin — worth more than three times that amount now. During a hearing when the new settlement proposal was announced, a Telegram chatroom of Earn victims overflowed with excitement. “Man I’m gunna be a home owner!!! Let’s finish this!!!!” said one of them. “I’m going to cry,” said another.

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