Gemini Earn creditors have expressed discontent over a proposed restructuring plan that could reduce their anticipated Bitcoin (BTC) payments to approximately 30% of their current market value.

Gemini Trust revealed the proposed plan in an email sent to creditors on December 13, which is currently under consideration.

According to this proposal, creditors would be issued payouts equal to their cryptocurrency earnings balance as of January 19, 2023.

This coincides with the date Gemini's digital currency lending partner, Genesis Global Capital, filed for bankruptcy.

In a worst-case scenario, under the plan, Gemini Earn users may only recoup 61% of their lost funds.