Woofun AI reports that U.S. District Judge Stefan Underhill in Connecticut has reinstated common law fraud charges against Barry Silbert and Digital Currency Group in the Genesis Yield class action. This decision overturns a February ruling after the judge agreed with plaintiffs that the court holds jurisdiction over state law claims under the Class Action Fairness Act. Plaintiffs allege Silbert and DCG misled investors regarding Genesis’ financial health and risk management before the 2023 withdrawal suspension and bankruptcy. Federal securities claims continue, while consumer protection suits in California, Florida, and New York remain suspended, and those in Illinois, Kansas, Nevada, and Texas are dismissed.