# SBF's Blame Game

*Author: Bankless*
*Published: Oct 27, 2023*
*Source: https://www.bankless.com/fr/sbf-takes-stand*

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    SBF's Blame Game
  
  

  
  Published on Oct 27, 2023

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.  .  .

 
  
    
      
      NEED TO KNOW
    
    
  
  
    
    SBF Passes Blame
  
  

  

 

![](https://storage.ghost.io/c/e4/b7/e4b77544-5a37-4f0b-8824-8440aa348476/content/images/2023/10/Frame-50445--4-.png)- **😾 SBF passes the blame. **SBF gave jury testimony, saying "[a lot of people got hurt](https://x.com/innercitypress/status/1717903313721553279?s=20)," but he didn't defraud anyone. [SBF blamed everything on his lawyer.](https://x.com/nashville_brook/status/1717892209360474470?s=20)
- **👯‍♀️ Gemini sues Genesis. **Gemini [filed a lawsuit against Genesis](https://x.com/laurashin/status/1717978726737019107?s=20) over 60M GBTC shares being held as collateral, worth $1.6B.
- **👨‍⚖️** **Yuga wins big.** Yuga's suit against a Bored Apes copycat [ended in $1.5M+ in damages](https://twitter.com/GordonGoner/status/1717730335793020950) and control over the smart contract. 

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      Prices updated at 4:00 pm ET
    
    
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       ![](https://bankless.com/assets/img/modNewsletter/cmc.png)
    
    
      **Crypto Market Cap**
      
        $1.24T
      
    
     
      
        ↘ 0.7%
      
    
  
  
    
      ![](https://bankless.com/assets/img/modNewsletter/btc.png)
    
    
      **Bitcoin**
      
        $33,688
      
    
     
      
        ↘ 1.0%
      
    
  
  
    
       ![](https://bankless.com/assets/img/modNewsletter/eth.png)
    
    
      **Ethereum**
      
        $1,774
      
    
     
      
        ↘ 1.0%
      
    
  

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**📈** **Bondless.** Crypto with a slight retrace but up big on the week. Gold on a tear breaking $2k. Long-term treasuries ETF near 20-year lows. This all has Arthur Hayes [saying](https://finance.yahoo.com/quote/TLT/%20source:%20https://cryptohayes.substack.com/p/the-periphery), "I don’t want to own the bonds of any country. Buy bitcoin."

.  .  .

 
  
    

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[![](https://storage.ghost.io/c/e4/b7/e4b77544-5a37-4f0b-8824-8440aa348476/content/images/2023/10/mantle.png)](https://www.bankless.com/bankless-guide-to-mantle)*Mantle* is an optimistic-style rollup based on a fork of Optimism. Unlike traditional L2s, Mantle is pioneering a unique approach by setting up to leverage EigenLayer's upcoming EigenDA data availability solution, which is a first in the rollups scene. Since its mainnet launch in July 2023, Mantle has already amassed over $136M in total value locked, making it the 7th-largest L2 at the time of writing.

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