Matt and Nic return for another week of news and deals. In this episode:  Was SBF’s 25-year sentence too lenient? Beba vs SEC Coinbase motion to dismiss is dismissed Coinbase notches a win vs the SEC over their Wallet product SDNY v Kucoin Ripple vs SEC Will MSTR ever converge to the fair value of their Bitcoin? North Korea allegedly hacks Blast’s Munchables farm How did Blast persuade the hackers to give the money back? What’s going on with ETH blobspace? Bitwise’s ETH vs ETH futs correlation analysis Content mentioned: Bitwise thread on ETH/futs correlation Sponsor notes: State of the Network’s Q1 2024 Mining Data Special In Coin Metrics State of the Network Issue 252, we zoom in on the impressive recovery of miner profitability amid improving market conditions