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A Timeline of Bitcoin's Wild Ride to $100,000 and Beyond
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18:13","market":"us","language":"en","title":"A Timeline of Bitcoin's Wild Ride to $100,000 and Beyond","url":"https://stock-news.laohu8.com/highlight/detail?id=1183222024","media":"Reuters","summary":"(Reuters) - Bitcoin broke above $100,000 for the first time on Thursday as the election of Republican Donald Trump as president fuelled bets that his administration will create a friendly regulatory e","content":"<html><head></head><body><p>(Reuters) - Bitcoin broke above $100,000 for the first time on Thursday as the election of Republican Donald Trump as president fuelled bets that his administration will create a friendly regulatory environment for cryptocurrencies.</p><p>The world's biggest and best-known cryptocurrency has more than doubled from this year's low of $38,505 and is up over 50% since Trump's sweeping election win in early November.</p><p>Here are key events in bitcoin's journey towards $100,000 and beyond:</p><p><strong>2008:</strong> Satoshi Nakamoto, the pseudonym used by the cryptocurrency's presumed developer, introduces the concept of bitcoin</p><p><strong>2010:</strong> The first retail transaction takes place when a user pays 10,000 bitcoin for two Papa John's pizzas</p><p><strong>2013:</strong> As bitcoin's popularity grows, Cameron and Tyler Winklevoss, co-founders of crypto exchange Gemini, file their first application with the U.S. Securities and Exchange Commission to create a spot bitcoin ETF.</p><p>Grayscale Investments launches the Bitcoin Investment Trust, an open-ended private bitcoin trust.</p><p><strong>2016:</strong> The Winklevoss brothers adjust their application numerous times, such as the exchange on which the product would be traded. They also file amendments naming State Street as administrator. Grayscale files with the SEC to convert its bitcoin trust into a spot bitcoin ETF.</p><p><strong>2017:</strong> The SEC rejects the Winklevoss application on the grounds bitcoin markets were not mature enough. Grayscale withdraws its first attempt to convert its trust into an ETF, saying the regulatory environment was not developed enough.</p><p><strong>2018:</strong> The SEC rejects the Winklevoss twins' second application to launch a spot bitcoin ETF, saying cryptocurrency exchanges do not have the necessary controls to prevent manipulation.</p><p><strong>2020:</strong> Grayscale transforms its trust into an SEC-reporting entity, and its shares begin trading on the pink sheets, for stocks that trade over the counter. Although not an ETF, it is the first publicly traded bitcoin fund in the U.S.</p><p><strong>2021:</strong> The first spot bitcoin ETF launches in Canada. Gary Gensler replaces Jay Clayton as SEC chair in April.</p><p>In October, the SEC approves the ProShares Bitcoin Trust listed on the Chicago Mercantile Exchange, noting the CME has a satisfactory mechanism for surveilling abuse in the futures market. It is the first U.S.-listed futures-based bitcoin ETF, accumulating $1 billion in assets within its first days of trading - faster than any other ETF.</p><p>Also in October, Grayscale again submits an application to the SEC to convert its trust into a spot bitcoin ETF.</p><p><strong>2022:</strong> The SEC rejects several applications from would-be spot bitcoin ETF issuers, including SkyBridge, Fidelity and Bitwise. The SEC also rejects Grayscale's application, prompting the company to sue the agency.</p><p>Amid crashing crypto prices, multiple crypto companies file for bankruptcy, including Three Arrows Capital, Celsius Network and FTX, whose founder Sam Bankman-Fried is also charged with fraud.</p><p><strong>2023:</strong></p><p><strong>May:</strong> Cathie Woods' ARK Investments and CBOE Global Markets file for a spot bitcoin ETF, giving the SEC a maximum of 240 days to approve or reject the application.</p><p><strong>June:</strong> BlackRock (BLK.N), opens new tab files a spot bitcoin ETF application with the SEC, raising industry hopes the agency may approve the product and sending the price of bitcoin to a one-year high. A flurry of other issuers and exchanges, including Fidelity and Invesco, file bitcoin ETF applications in the subsequent weeks and months.</p><p><strong>August:</strong> A federal appeals court in Washington D.C. rules in favour of Grayscale, saying the SEC did not justify why it had rejected its proposal. Europe's first spot bitcoin ETF begins trading on the Euronext Amsterdam stock exchange.</p><p><strong>October:</strong> The SEC opts not to appeal the court's ruling in the Grayscale case and is required to reexamine the application.</p><p><strong>2024:</strong></p><p><strong>Jan. 10:</strong> The SEC approves 11 proposals from issuers including BlackRock, Fidelity and VanEck, among others, to launch spot bitcoin ETFs.</p><p><strong>February:</strong> Net inflows into the 10 largest ETFs hit $4 billion in the first month, according to LSEG data.</p><p><strong>March:</strong> Bitcoin tops $70,000 for the first time to hit a record high, having doubled in value in the five months.</p><p><strong>June:</strong> Trump pitches himself as a champion for cryptocurrency and slammed Democrats' attempts to regulate the sector during a San Francisco fundraiser.</p><p><strong>July:</strong> Trump tells a bitcoin conference that, if elected, he will create a strategic national bitcoin stockpile and will ensure the United States is the "crypto capital of the planet."</p><p><strong>October:</strong> The SEC grants "accelerated approval" to U.S. exchanges to list and trade options tied to 11 spot bitcoin ETFs.</p><p><strong>Nov 6:</strong> Trump is declared winner of the presidential election, sparking a huge rally in a range of assets, with bitcoin being the standout gainer.</p><p><strong>Nov 12:</strong> Total crypto market cap tops $3 trillion. Year-to-date ETF net inflows hit $25.8 billion, according to LSEG data.</p><p><strong>Nov 21:</strong> Bitcoin nears $100,000 for the first time in history, driven by a swell of buying from investors in anticipation of Trump dismantling a lot of the regulation around crypto investment.</p><p><strong>Dec. 5:</strong> Bitcoin soars past $100,000 for the first time, taking its gains for the year to over 140%.</p></body></html>","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>A Timeline of Bitcoin's Wild Ride to $100,000 and Beyond</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; 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}\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nA Timeline of Bitcoin's Wild Ride to $100,000 and Beyond\n</h2>\n\n<h4 class=\"meta\">\n\n\n<a class=\"head\" href=\"https://laohu8.com/wemedia/1032215980\">\n\n\n<div class=\"h-thumb\" style=\"background-image:url(https://community-static.tradeup.com/news/4567337cbdf294b657b1fa87c5488b48);background-size:cover;\"></div>\n\n<div class=\"h-content\">\n<p class=\"h-name\">Reuters </p>\n<p class=\"h-time\">2024-12-05 18:13</p>\n</div>\n\n</a>\n\n\n</h4>\n\n</header>\n<article>\n<html><head></head><body><p>(Reuters) - Bitcoin broke above $100,000 for the first time on Thursday as the election of Republican Donald Trump as president fuelled bets that his administration will create a friendly regulatory environment for cryptocurrencies.</p><p>The world's biggest and best-known cryptocurrency has more than doubled from this year's low of $38,505 and is up over 50% since Trump's sweeping election win in early November.</p><p>Here are key events in bitcoin's journey towards $100,000 and beyond:</p><p><strong>2008:</strong> Satoshi Nakamoto, the pseudonym used by the cryptocurrency's presumed developer, introduces the concept of bitcoin</p><p><strong>2010:</strong> The first retail transaction takes place when a user pays 10,000 bitcoin for two Papa John's pizzas</p><p><strong>2013:</strong> As bitcoin's popularity grows, Cameron and Tyler Winklevoss, co-founders of crypto exchange Gemini, file their first application with the U.S. Securities and Exchange Commission to create a spot bitcoin ETF.</p><p>Grayscale Investments launches the Bitcoin Investment Trust, an open-ended private bitcoin trust.</p><p><strong>2016:</strong> The Winklevoss brothers adjust their application numerous times, such as the exchange on which the product would be traded. They also file amendments naming State Street as administrator. Grayscale files with the SEC to convert its bitcoin trust into a spot bitcoin ETF.</p><p><strong>2017:</strong> The SEC rejects the Winklevoss application on the grounds bitcoin markets were not mature enough. Grayscale withdraws its first attempt to convert its trust into an ETF, saying the regulatory environment was not developed enough.</p><p><strong>2018:</strong> The SEC rejects the Winklevoss twins' second application to launch a spot bitcoin ETF, saying cryptocurrency exchanges do not have the necessary controls to prevent manipulation.</p><p><strong>2020:</strong> Grayscale transforms its trust into an SEC-reporting entity, and its shares begin trading on the pink sheets, for stocks that trade over the counter. Although not an ETF, it is the first publicly traded bitcoin fund in the U.S.</p><p><strong>2021:</strong> The first spot bitcoin ETF launches in Canada. Gary Gensler replaces Jay Clayton as SEC chair in April.</p><p>In October, the SEC approves the ProShares Bitcoin Trust listed on the Chicago Mercantile Exchange, noting the CME has a satisfactory mechanism for surveilling abuse in the futures market. It is the first U.S.-listed futures-based bitcoin ETF, accumulating $1 billion in assets within its first days of trading - faster than any other ETF.</p><p>Also in October, Grayscale again submits an application to the SEC to convert its trust into a spot bitcoin ETF.</p><p><strong>2022:</strong> The SEC rejects several applications from would-be spot bitcoin ETF issuers, including SkyBridge, Fidelity and Bitwise. The SEC also rejects Grayscale's application, prompting the company to sue the agency.</p><p>Amid crashing crypto prices, multiple crypto companies file for bankruptcy, including Three Arrows Capital, Celsius Network and FTX, whose founder Sam Bankman-Fried is also charged with fraud.</p><p><strong>2023:</strong></p><p><strong>May:</strong> Cathie Woods' ARK Investments and CBOE Global Markets file for a spot bitcoin ETF, giving the SEC a maximum of 240 days to approve or reject the application.</p><p><strong>June:</strong> BlackRock (BLK.N), opens new tab files a spot bitcoin ETF application with the SEC, raising industry hopes the agency may approve the product and sending the price of bitcoin to a one-year high. A flurry of other issuers and exchanges, including Fidelity and Invesco, file bitcoin ETF applications in the subsequent weeks and months.</p><p><strong>August:</strong> A federal appeals court in Washington D.C. rules in favour of Grayscale, saying the SEC did not justify why it had rejected its proposal. Europe's first spot bitcoin ETF begins trading on the Euronext Amsterdam stock exchange.</p><p><strong>October:</strong> The SEC opts not to appeal the court's ruling in the Grayscale case and is required to reexamine the application.</p><p><strong>2024:</strong></p><p><strong>Jan. 10:</strong> The SEC approves 11 proposals from issuers including BlackRock, Fidelity and VanEck, among others, to launch spot bitcoin ETFs.</p><p><strong>February:</strong> Net inflows into the 10 largest ETFs hit $4 billion in the first month, according to LSEG data.</p><p><strong>March:</strong> Bitcoin tops $70,000 for the first time to hit a record high, having doubled in value in the five months.</p><p><strong>June:</strong> Trump pitches himself as a champion for cryptocurrency and slammed Democrats' attempts to regulate the sector during a San Francisco fundraiser.</p><p><strong>July:</strong> Trump tells a bitcoin conference that, if elected, he will create a strategic national bitcoin stockpile and will ensure the United States is the "crypto capital of the planet."</p><p><strong>October:</strong> The SEC grants "accelerated approval" to U.S. exchanges to list and trade options tied to 11 spot bitcoin ETFs.</p><p><strong>Nov 6:</strong> Trump is declared winner of the presidential election, sparking a huge rally in a range of assets, with bitcoin being the standout gainer.</p><p><strong>Nov 12:</strong> Total crypto market cap tops $3 trillion. Year-to-date ETF net inflows hit $25.8 billion, according to LSEG data.</p><p><strong>Nov 21:</strong> Bitcoin nears $100,000 for the first time in history, driven by a swell of buying from investors in anticipation of Trump dismantling a lot of the regulation around crypto investment.</p><p><strong>Dec. 5:</strong> Bitcoin soars past $100,000 for the first time, taking its gains for the year to over 140%.</p></body></html>\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"IBIT":"iShares Bitcoin Trust","MSTR":"MicroStrategy","BTBT":"Bit Digital, Inc.","MARA":"MARA Holdings","COIN":"Coinbase Global, Inc."},"source_url":"","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1183222024","content_text":"(Reuters) - Bitcoin broke above $100,000 for the first time on Thursday as the election of Republican Donald Trump as president fuelled bets that his administration will create a friendly regulatory environment for cryptocurrencies.The world's biggest and best-known cryptocurrency has more than doubled from this year's low of $38,505 and is up over 50% since Trump's sweeping election win in early November.Here are key events in bitcoin's journey towards $100,000 and beyond:2008: Satoshi Nakamoto, the pseudonym used by the cryptocurrency's presumed developer, introduces the concept of bitcoin2010: The first retail transaction takes place when a user pays 10,000 bitcoin for two Papa John's pizzas2013: As bitcoin's popularity grows, Cameron and Tyler Winklevoss, co-founders of crypto exchange Gemini, file their first application with the U.S. Securities and Exchange Commission to create a spot bitcoin ETF.Grayscale Investments launches the Bitcoin Investment Trust, an open-ended private bitcoin trust.2016: The Winklevoss brothers adjust their application numerous times, such as the exchange on which the product would be traded. They also file amendments naming State Street as administrator. Grayscale files with the SEC to convert its bitcoin trust into a spot bitcoin ETF.2017: The SEC rejects the Winklevoss application on the grounds bitcoin markets were not mature enough. Grayscale withdraws its first attempt to convert its trust into an ETF, saying the regulatory environment was not developed enough.2018: The SEC rejects the Winklevoss twins' second application to launch a spot bitcoin ETF, saying cryptocurrency exchanges do not have the necessary controls to prevent manipulation.2020: Grayscale transforms its trust into an SEC-reporting entity, and its shares begin trading on the pink sheets, for stocks that trade over the counter. Although not an ETF, it is the first publicly traded bitcoin fund in the U.S.2021: The first spot bitcoin ETF launches in Canada. Gary Gensler replaces Jay Clayton as SEC chair in April.In October, the SEC approves the ProShares Bitcoin Trust listed on the Chicago Mercantile Exchange, noting the CME has a satisfactory mechanism for surveilling abuse in the futures market. It is the first U.S.-listed futures-based bitcoin ETF, accumulating $1 billion in assets within its first days of trading - faster than any other ETF.Also in October, Grayscale again submits an application to the SEC to convert its trust into a spot bitcoin ETF.2022: The SEC rejects several applications from would-be spot bitcoin ETF issuers, including SkyBridge, Fidelity and Bitwise. The SEC also rejects Grayscale's application, prompting the company to sue the agency.Amid crashing crypto prices, multiple crypto companies file for bankruptcy, including Three Arrows Capital, Celsius Network and FTX, whose founder Sam Bankman-Fried is also charged with fraud.2023:May: Cathie Woods' ARK Investments and CBOE Global Markets file for a spot bitcoin ETF, giving the SEC a maximum of 240 days to approve or reject the application.June: BlackRock (BLK.N), opens new tab files a spot bitcoin ETF application with the SEC, raising industry hopes the agency may approve the product and sending the price of bitcoin to a one-year high. A flurry of other issuers and exchanges, including Fidelity and Invesco, file bitcoin ETF applications in the subsequent weeks and months.August: A federal appeals court in Washington D.C. rules in favour of Grayscale, saying the SEC did not justify why it had rejected its proposal. Europe's first spot bitcoin ETF begins trading on the Euronext Amsterdam stock exchange.October: The SEC opts not to appeal the court's ruling in the Grayscale case and is required to reexamine the application.2024:Jan. 10: The SEC approves 11 proposals from issuers including BlackRock, Fidelity and VanEck, among others, to launch spot bitcoin ETFs.February: Net inflows into the 10 largest ETFs hit $4 billion in the first month, according to LSEG data.March: Bitcoin tops $70,000 for the first time to hit a record high, having doubled in value in the five months.June: Trump pitches himself as a champion for cryptocurrency and slammed Democrats' attempts to regulate the sector during a San Francisco fundraiser.July: Trump tells a bitcoin conference that, if elected, he will create a strategic national bitcoin stockpile and will ensure the United States is the \"crypto capital of the planet.\"October: The SEC grants \"accelerated approval\" to U.S. exchanges to list and trade options tied to 11 spot bitcoin ETFs.Nov 6: Trump is declared winner of the presidential election, sparking a huge rally in a range of assets, with bitcoin being the standout gainer.Nov 12: Total crypto market cap tops $3 trillion. Year-to-date ETF net inflows hit $25.8 billion, according to LSEG data.Nov 21: Bitcoin nears $100,000 for the first time in history, driven by a swell of buying from investors in anticipation of Trump dismantling a lot of the regulation around crypto investment.Dec. 5: Bitcoin soars past $100,000 for the first time, taking its gains for the year to over 140%.","news_type":1},"isVote":1,"tweetType":1,"viewCount":71,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":377612554408232,"gmtCreate":1733227178922,"gmtModify":1735525191674,"author":{"id":"4195821096811352","authorId":"4195821096811352","name":"Buce Pramudia","avatar":"https://community-static.tradeup.com/news/a19a3d3e80129d7cd9418c0ada20a022","crmLevel":1,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"4195821096811352","idStr":"4195821096811352"},"themes":[],"htmlText":"<a href=\"https://ttm.financial/S/TSLA\">$Tesla Motors(TSLA)$ </a> help","listText":"<a href=\"https://ttm.financial/S/TSLA\">$Tesla Motors(TSLA)$ </a> help","text":"$Tesla Motors(TSLA)$ help","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":1,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/377612554408232","isVote":1,"tweetType":1,"viewCount":195,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":377612448469216,"gmtCreate":1733227150970,"gmtModify":1733734020201,"author":{"id":"4195821096811352","authorId":"4195821096811352","name":"Buce Pramudia","avatar":"https://community-static.tradeup.com/news/a19a3d3e80129d7cd9418c0ada20a022","crmLevel":1,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"4195821096811352","idStr":"4195821096811352"},"themes":[],"htmlText":"<a href=\"https://ttm.financial/S/SMCI\">$SUPER MICRO COMPUTER INC(SMCI)$ </a> hy","listText":"<a href=\"https://ttm.financial/S/SMCI\">$SUPER MICRO COMPUTER INC(SMCI)$ </a> hy","text":"$SUPER MICRO COMPUTER INC(SMCI)$ hy","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/377612448469216","isVote":1,"tweetType":1,"viewCount":115,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":376276860022864,"gmtCreate":1732884203002,"gmtModify":1732885817853,"author":{"id":"4195821096811352","authorId":"4195821096811352","name":"Buce Pramudia","avatar":"https://community-static.tradeup.com/news/a19a3d3e80129d7cd9418c0ada20a022","crmLevel":1,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"4195821096811352","idStr":"4195821096811352"},"themes":[],"htmlText":"Wow","listText":"Wow","text":"Wow","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":1,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/376276860022864","repostId":"2487585893","repostType":2,"repost":{"id":"2487585893","kind":"highlight","pubTimestamp":1732861226,"share":"https://ttm.financial/m/news/2487585893?lang=&edition=fundamental","pubTime":"2024-11-29 14:20","market":"us","language":"en","title":"Apple Impersonators Drain Elderly Man's Account In Crypto Fraud, Feds Seek $1M Forfeiture","url":"https://stock-news.laohu8.com/highlight/detail?id=2487585893","media":"Benzinga","summary":"Federal prosecutors in Cleveland are seeking forfeiture of nearly $1 million in cryptocurrency linked to a scam that drained an elderly Elyria man’s life savings, highlighting the growing trend of sophisticated crypto fraud targeting vuln","content":"<html><body><div itemprop=\"articleBody\" itemscope=\"\" itemtype=\"https://schema.org/Article\"><div><p>Federal prosecutors in Cleveland are seeking forfeiture of nearly $1 million in cryptocurrency linked to a scam that drained an elderly Elyria man’s life savings, highlighting the growing trend of sophisticated crypto fraud targeting vulnerable investors.</p>\n<p><strong>What Happened</strong>: The victim lost $408,000 after scammers, posing as <strong>Apple Inc. </strong>support representatives, gained remote access to his computer in October 2023. The criminals transferred his funds through <strong>Tether</strong> <span>USDT/USD</span>, the largest stablecoin platform, to obscure the money trail, according to news publication Cleveland. </p>\n<p>The case marks the second time in two months that Cleveland prosecutors have pursued the seizure of stolen funds laundered through Tether.</p>\n<p>“The scammers wired money from the victim’s bank to a virtual currency account, then transferred it through multiple cryptocurrency wallets,” prosecutors told U.S. District Judge <strong>Pamela Barker i</strong>n their filing. The victim and his wife now rely solely on Social Security and family support.</p>\n<p>The Cleveland FBI’s investigation revealed an additional $539,000 in suspected stolen or laundered cryptocurrency linked to the same criminal network, bringing the total seized funds to $947,000.</p>\n<p><strong>See Also: Bitcoin, Ethereum, Dogecoin Simmer Down On Thanksgiving: Analyst Sees ‘Significant Shift’ From BTC Season To Alt Season</strong></p>\n<p><strong>Why It Matters</strong>: This case emerges amid an unprecedented surge in cryptocurrency crime in 2024, with industry losses exceeding $1.58 billion, according to recent reports. Just this August, the SEC uncovered a $650 million crypto fraud scheme, while a separate Genesis creditor heist resulted in $243 million in losses.</p>\n<p>The scam followed a common pattern where criminals initiate contact through computer alerts, phone calls, or social media. In this instance, the perpetrators exploited the victim’s trust through a fake computer security alert and sophisticated social engineering tactics.</p>\n<p><strong>Read Next: </strong></p>\n<ul>\n<li><strong>Peter Schiff Calls <a href=\"https://laohu8.com/S/MSTR\">MicroStrategy</a> A ‘Great Short’ And Issues A Grim Warning: ‘It Can Only End In Bankruptcy’</strong></li>\n</ul>\n<p><em>Image via Freepik</em></p>\n<p><strong><em>Disclaimer</em></strong><em>: This content was partially produced with the help of Benzinga Neuro and was reviewed and published by Benzinga editors.</em></p> </div>Market News and Data brought to you by Benzinga APIs<p>© 2024 Benzinga.com. Benzinga does not provide investment advice. All rights reserved.</p></div></body></html>","source":"Benzinga","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Apple Impersonators Drain Elderly Man's Account In Crypto Fraud, Feds Seek $1M Forfeiture</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nApple Impersonators Drain Elderly Man's Account In Crypto Fraud, Feds Seek $1M Forfeiture\n</h2>\n\n<h4 class=\"meta\">\n\n\n2024-11-29 14:20 GMT+8 <a href=https://www.benzinga.com/markets/cryptocurrency/24/11/42238629/apple-impersonators-drain-elderly-mans-account-in-crypto-fraud-feds-seek-1m-forfeiture><strong>Benzinga</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>Federal prosecutors in Cleveland are seeking forfeiture of nearly $1 million in cryptocurrency linked to a scam that drained an elderly Elyria man’s life savings, highlighting the growing trend of ...</p>\n\n<a href=\"https://www.benzinga.com/markets/cryptocurrency/24/11/42238629/apple-impersonators-drain-elderly-mans-account-in-crypto-fraud-feds-seek-1m-forfeiture\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"https://www.benzinga.com/files/images/story/2024/11/29/5-Surprising-Facts-About-47M-Crypto-Heis.jpeg","relate_stocks":{"IE0003U64NQ7.SGD":"PIMCO BALANCED INCOME AND GROWTH \"M\" (SGDHDG) ACC","LU0096364046.USD":"CT (LUX) I AMERICAN \"DU\" (USD) ACC","LU1291159041.SGD":"CPR Invest - Global Silver Age A2 Acc SGD-H","LU0345769631.USD":"NINETY ONE GSF GLOBAL EQUITY \"A\" (USD) INC","LU0820561818.USD":"安联收益及增长平衡基金Cl AM DIS","LU0823434740.USD":"BNP PARIBAS US GROWTH \"C\" (USD) INC","BK4507":"流媒体概念","LU1206713676.USD":"Aviva Investors - Multi-Strategy Target Return Ah USD","LU2286300806.USD":"Allianz Cyber Security AT Acc USD","LU0127658192.USD":"EASTSPRING INVESTMENTS GLOBAL TECHNOLOGY \"A\" (USD) ACC","BK4533":"AQR资本管理(全球第二大对冲基金)","LU0256863811.USD":"ALLIANZ US EQUITY \"A\" INC","SG9999017495.SGD":"UGDP UNITED GLOBAL QUALITY GROWTH \"B\" (SGD) ACC","LU1244550494.USD":"FRANKLIN GLOBAL MULTI-ASSET INCOME \"A\" (USDHEDGED) ACC","SG9999014880.SGD":"大华全球优质成长基金Acc SGD","LU0348723411.USD":"ALLIANZ GLOBAL HI-TECH GROWTH \"A\" (USD) INC","LU2403377893.USD":"ALLIANZ SELECT INCOME AND GROWTH \"AM\" (USD) INC","IE00B775SV38.USD":"NEUBERGER BERMAN US MULTICAP OPPORTUNITIES \"A\" (USD) ACC","LU0215105999.USD":"SCHRODER ISF GLOBAL EQUITY \"A\" ACC","LU0784384876.USD":"Blackrock Global Multi-Asset Income A6 USD","LU2420271590.USD":"ALLIANZ SELECT INCOME AND GROWTH \"AT\" (USD) ACC","BK4559":"巴菲特持仓","AAPL":"苹果","SG9999018865.SGD":"United Global Quality Growth Fd Cl Dist SGD-H","LU0265550946.USD":"BGF SYSTEMATIC GLOBAL ENHANCED EQUITY YIELD \"A5\" (USD) INC","IE0004091025.USD":"BNY MELLON GLOBAL OPPORTUNITIES \"B\" (USD) ACC","LU1366192091.USD":"ALLIANZ US EQUITY PLUS \"AM\" (USD) INC","LU2237443382.USD":"Aberdeen Standard SICAV I - Global Dynamic Dividend A MIncA USD","LU1935043536.SGD":"MANULIFE GF GLOBAL MULTI-ASSET DIVERSIFIED INCOME \"AA\" (SGDHDG) INC A","LU1989772840.SGD":"CPR Invest - Climate Action A2 Acc SGD-H","LU2461242641.AUD":"WELLINGTON US QUALITY GROWTH \"A\" (AUDHDG) ACC","LU1868837300.USD":"CT (LUX) I AMERICAN FUND \"9\" (USD) ACC","LU2237443622.USD":"Aberdeen Standard SICAV I - Global Dynamic Dividend A Acc USD","LU1989764664.SGD":"CPR Invest - Global Disruptive Opportunities A2 Acc SGD-H","IE00BJJMRY28.SGD":"Janus Henderson Balanced A Inc SGD","LU1868836591.USD":"CT (LUX) I AMERICAN \"1U\"(USD) ACC","LU2756315664.SGD":"ALLIANZ INCOME AND GROWTH \"AMI\" (SGDHDG) INC","IE00BK4W5L77.USD":"HSBC GLOBAL FUNDS ICAV US EQUITY INDEX \"HC\" (USD) ACC","LU0011850046.USD":"贝莱德全球长线股票 A2 USD","LU0784383803.USD":"BGF GLOBAL MULTI-ASSET INCOME FUND \"A\" (USD) INC A","LU2505996681.GBP":"WELLINGTON MULTI-ASSET HIGH INCOME \"AM4H\" (GBPHDG) INC","IE000ITXATA3.USD":"PIMCO BALANCED INCOME AND GROWTH \"M\" (USD) ACC"},"source_url":"https://www.benzinga.com/markets/cryptocurrency/24/11/42238629/apple-impersonators-drain-elderly-mans-account-in-crypto-fraud-feds-seek-1m-forfeiture","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"2487585893","content_text":"Federal prosecutors in Cleveland are seeking forfeiture of nearly $1 million in cryptocurrency linked to a scam that drained an elderly Elyria man’s life savings, highlighting the growing trend of sophisticated crypto fraud targeting vulnerable investors.\nWhat Happened: The victim lost $408,000 after scammers, posing as Apple Inc. support representatives, gained remote access to his computer in October 2023. The criminals transferred his funds through Tether USDT/USD, the largest stablecoin platform, to obscure the money trail, according to news publication Cleveland. \nThe case marks the second time in two months that Cleveland prosecutors have pursued the seizure of stolen funds laundered through Tether.\n“The scammers wired money from the victim’s bank to a virtual currency account, then transferred it through multiple cryptocurrency wallets,” prosecutors told U.S. District Judge Pamela Barker in their filing. The victim and his wife now rely solely on Social Security and family support.\nThe Cleveland FBI’s investigation revealed an additional $539,000 in suspected stolen or laundered cryptocurrency linked to the same criminal network, bringing the total seized funds to $947,000.\nSee Also: Bitcoin, Ethereum, Dogecoin Simmer Down On Thanksgiving: Analyst Sees ‘Significant Shift’ From BTC Season To Alt Season\nWhy It Matters: This case emerges amid an unprecedented surge in cryptocurrency crime in 2024, with industry losses exceeding $1.58 billion, according to recent reports. Just this August, the SEC uncovered a $650 million crypto fraud scheme, while a separate Genesis creditor heist resulted in $243 million in losses.\nThe scam followed a common pattern where criminals initiate contact through computer alerts, phone calls, or social media. In this instance, the perpetrators exploited the victim’s trust through a fake computer security alert and sophisticated social engineering tactics.\nRead Next: \n\nPeter Schiff Calls MicroStrategy A ‘Great Short’ And Issues A Grim Warning: ‘It Can Only End In Bankruptcy’\n\nImage via Freepik\nDisclaimer: This content was partially produced with the help of Benzinga Neuro and was reviewed and published by Benzinga editors. Market News and Data brought to you by Benzinga APIs© 2024 Benzinga.com. Benzinga does not provide investment advice. All rights reserved.","news_type":1},"isVote":1,"tweetType":1,"viewCount":169,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0}],"hots":[{"id":381163367350632,"gmtCreate":1734101601737,"gmtModify":1734347026685,"author":{"id":"4195821096811352","authorId":"4195821096811352","name":"Buce Pramudia","avatar":"https://community-static.tradeup.com/news/a19a3d3e80129d7cd9418c0ada20a022","crmLevel":1,"crmLevelSwitch":0,"followedFlag":false,"idStr":"4195821096811352","authorIdStr":"4195821096811352"},"themes":[],"htmlText":"<a href=\"https://ttm.financial/S/TSLA\">$Tesla Motors(TSLA)$ </a> wow","listText":"<a href=\"https://ttm.financial/S/TSLA\">$Tesla Motors(TSLA)$ </a> wow","text":"$Tesla Motors(TSLA)$ wow","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":2,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/381163367350632","isVote":1,"tweetType":1,"viewCount":217,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":378331363070016,"gmtCreate":1733408832665,"gmtModify":1733410574840,"author":{"id":"4195821096811352","authorId":"4195821096811352","name":"Buce Pramudia","avatar":"https://community-static.tradeup.com/news/a19a3d3e80129d7cd9418c0ada20a022","crmLevel":1,"crmLevelSwitch":0,"followedFlag":false,"idStr":"4195821096811352","authorIdStr":"4195821096811352"},"themes":[],"htmlText":"Help need","listText":"Help need","text":"Help need","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":2,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/378331363070016","repostId":"1183222024","repostType":2,"repost":{"id":"1183222024","kind":"news","weMediaInfo":{"introduction":"Reuters.com brings you the latest news from around the world, covering breaking news in markets, business, politics, entertainment and technology","home_visible":1,"media_name":"Reuters","id":"1032215980","head_image":"https://community-static.tradeup.com/news/4567337cbdf294b657b1fa87c5488b48"},"pubTimestamp":1733393615,"share":"https://ttm.financial/m/news/1183222024?lang=&edition=fundamental","pubTime":"2024-12-05 18:13","market":"us","language":"en","title":"A Timeline of Bitcoin's Wild Ride to $100,000 and Beyond","url":"https://stock-news.laohu8.com/highlight/detail?id=1183222024","media":"Reuters","summary":"(Reuters) - Bitcoin broke above $100,000 for the first time on Thursday as the election of Republican Donald Trump as president fuelled bets that his administration will create a friendly regulatory e","content":"<html><head></head><body><p>(Reuters) - Bitcoin broke above $100,000 for the first time on Thursday as the election of Republican Donald Trump as president fuelled bets that his administration will create a friendly regulatory environment for cryptocurrencies.</p><p>The world's biggest and best-known cryptocurrency has more than doubled from this year's low of $38,505 and is up over 50% since Trump's sweeping election win in early November.</p><p>Here are key events in bitcoin's journey towards $100,000 and beyond:</p><p><strong>2008:</strong> Satoshi Nakamoto, the pseudonym used by the cryptocurrency's presumed developer, introduces the concept of bitcoin</p><p><strong>2010:</strong> The first retail transaction takes place when a user pays 10,000 bitcoin for two Papa John's pizzas</p><p><strong>2013:</strong> As bitcoin's popularity grows, Cameron and Tyler Winklevoss, co-founders of crypto exchange Gemini, file their first application with the U.S. Securities and Exchange Commission to create a spot bitcoin ETF.</p><p>Grayscale Investments launches the Bitcoin Investment Trust, an open-ended private bitcoin trust.</p><p><strong>2016:</strong> The Winklevoss brothers adjust their application numerous times, such as the exchange on which the product would be traded. They also file amendments naming State Street as administrator. Grayscale files with the SEC to convert its bitcoin trust into a spot bitcoin ETF.</p><p><strong>2017:</strong> The SEC rejects the Winklevoss application on the grounds bitcoin markets were not mature enough. Grayscale withdraws its first attempt to convert its trust into an ETF, saying the regulatory environment was not developed enough.</p><p><strong>2018:</strong> The SEC rejects the Winklevoss twins' second application to launch a spot bitcoin ETF, saying cryptocurrency exchanges do not have the necessary controls to prevent manipulation.</p><p><strong>2020:</strong> Grayscale transforms its trust into an SEC-reporting entity, and its shares begin trading on the pink sheets, for stocks that trade over the counter. Although not an ETF, it is the first publicly traded bitcoin fund in the U.S.</p><p><strong>2021:</strong> The first spot bitcoin ETF launches in Canada. Gary Gensler replaces Jay Clayton as SEC chair in April.</p><p>In October, the SEC approves the ProShares Bitcoin Trust listed on the Chicago Mercantile Exchange, noting the CME has a satisfactory mechanism for surveilling abuse in the futures market. It is the first U.S.-listed futures-based bitcoin ETF, accumulating $1 billion in assets within its first days of trading - faster than any other ETF.</p><p>Also in October, Grayscale again submits an application to the SEC to convert its trust into a spot bitcoin ETF.</p><p><strong>2022:</strong> The SEC rejects several applications from would-be spot bitcoin ETF issuers, including SkyBridge, Fidelity and Bitwise. The SEC also rejects Grayscale's application, prompting the company to sue the agency.</p><p>Amid crashing crypto prices, multiple crypto companies file for bankruptcy, including Three Arrows Capital, Celsius Network and FTX, whose founder Sam Bankman-Fried is also charged with fraud.</p><p><strong>2023:</strong></p><p><strong>May:</strong> Cathie Woods' ARK Investments and CBOE Global Markets file for a spot bitcoin ETF, giving the SEC a maximum of 240 days to approve or reject the application.</p><p><strong>June:</strong> BlackRock (BLK.N), opens new tab files a spot bitcoin ETF application with the SEC, raising industry hopes the agency may approve the product and sending the price of bitcoin to a one-year high. A flurry of other issuers and exchanges, including Fidelity and Invesco, file bitcoin ETF applications in the subsequent weeks and months.</p><p><strong>August:</strong> A federal appeals court in Washington D.C. rules in favour of Grayscale, saying the SEC did not justify why it had rejected its proposal. Europe's first spot bitcoin ETF begins trading on the Euronext Amsterdam stock exchange.</p><p><strong>October:</strong> The SEC opts not to appeal the court's ruling in the Grayscale case and is required to reexamine the application.</p><p><strong>2024:</strong></p><p><strong>Jan. 10:</strong> The SEC approves 11 proposals from issuers including BlackRock, Fidelity and VanEck, among others, to launch spot bitcoin ETFs.</p><p><strong>February:</strong> Net inflows into the 10 largest ETFs hit $4 billion in the first month, according to LSEG data.</p><p><strong>March:</strong> Bitcoin tops $70,000 for the first time to hit a record high, having doubled in value in the five months.</p><p><strong>June:</strong> Trump pitches himself as a champion for cryptocurrency and slammed Democrats' attempts to regulate the sector during a San Francisco fundraiser.</p><p><strong>July:</strong> Trump tells a bitcoin conference that, if elected, he will create a strategic national bitcoin stockpile and will ensure the United States is the "crypto capital of the planet."</p><p><strong>October:</strong> The SEC grants "accelerated approval" to U.S. exchanges to list and trade options tied to 11 spot bitcoin ETFs.</p><p><strong>Nov 6:</strong> Trump is declared winner of the presidential election, sparking a huge rally in a range of assets, with bitcoin being the standout gainer.</p><p><strong>Nov 12:</strong> Total crypto market cap tops $3 trillion. Year-to-date ETF net inflows hit $25.8 billion, according to LSEG data.</p><p><strong>Nov 21:</strong> Bitcoin nears $100,000 for the first time in history, driven by a swell of buying from investors in anticipation of Trump dismantling a lot of the regulation around crypto investment.</p><p><strong>Dec. 5:</strong> Bitcoin soars past $100,000 for the first time, taking its gains for the year to over 140%.</p></body></html>","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>A Timeline of Bitcoin's Wild Ride to $100,000 and Beyond</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nA Timeline of Bitcoin's Wild Ride to $100,000 and Beyond\n</h2>\n\n<h4 class=\"meta\">\n\n\n<a class=\"head\" href=\"https://laohu8.com/wemedia/1032215980\">\n\n\n<div class=\"h-thumb\" style=\"background-image:url(https://community-static.tradeup.com/news/4567337cbdf294b657b1fa87c5488b48);background-size:cover;\"></div>\n\n<div class=\"h-content\">\n<p class=\"h-name\">Reuters </p>\n<p class=\"h-time\">2024-12-05 18:13</p>\n</div>\n\n</a>\n\n\n</h4>\n\n</header>\n<article>\n<html><head></head><body><p>(Reuters) - Bitcoin broke above $100,000 for the first time on Thursday as the election of Republican Donald Trump as president fuelled bets that his administration will create a friendly regulatory environment for cryptocurrencies.</p><p>The world's biggest and best-known cryptocurrency has more than doubled from this year's low of $38,505 and is up over 50% since Trump's sweeping election win in early November.</p><p>Here are key events in bitcoin's journey towards $100,000 and beyond:</p><p><strong>2008:</strong> Satoshi Nakamoto, the pseudonym used by the cryptocurrency's presumed developer, introduces the concept of bitcoin</p><p><strong>2010:</strong> The first retail transaction takes place when a user pays 10,000 bitcoin for two Papa John's pizzas</p><p><strong>2013:</strong> As bitcoin's popularity grows, Cameron and Tyler Winklevoss, co-founders of crypto exchange Gemini, file their first application with the U.S. Securities and Exchange Commission to create a spot bitcoin ETF.</p><p>Grayscale Investments launches the Bitcoin Investment Trust, an open-ended private bitcoin trust.</p><p><strong>2016:</strong> The Winklevoss brothers adjust their application numerous times, such as the exchange on which the product would be traded. They also file amendments naming State Street as administrator. Grayscale files with the SEC to convert its bitcoin trust into a spot bitcoin ETF.</p><p><strong>2017:</strong> The SEC rejects the Winklevoss application on the grounds bitcoin markets were not mature enough. Grayscale withdraws its first attempt to convert its trust into an ETF, saying the regulatory environment was not developed enough.</p><p><strong>2018:</strong> The SEC rejects the Winklevoss twins' second application to launch a spot bitcoin ETF, saying cryptocurrency exchanges do not have the necessary controls to prevent manipulation.</p><p><strong>2020:</strong> Grayscale transforms its trust into an SEC-reporting entity, and its shares begin trading on the pink sheets, for stocks that trade over the counter. Although not an ETF, it is the first publicly traded bitcoin fund in the U.S.</p><p><strong>2021:</strong> The first spot bitcoin ETF launches in Canada. Gary Gensler replaces Jay Clayton as SEC chair in April.</p><p>In October, the SEC approves the ProShares Bitcoin Trust listed on the Chicago Mercantile Exchange, noting the CME has a satisfactory mechanism for surveilling abuse in the futures market. It is the first U.S.-listed futures-based bitcoin ETF, accumulating $1 billion in assets within its first days of trading - faster than any other ETF.</p><p>Also in October, Grayscale again submits an application to the SEC to convert its trust into a spot bitcoin ETF.</p><p><strong>2022:</strong> The SEC rejects several applications from would-be spot bitcoin ETF issuers, including SkyBridge, Fidelity and Bitwise. The SEC also rejects Grayscale's application, prompting the company to sue the agency.</p><p>Amid crashing crypto prices, multiple crypto companies file for bankruptcy, including Three Arrows Capital, Celsius Network and FTX, whose founder Sam Bankman-Fried is also charged with fraud.</p><p><strong>2023:</strong></p><p><strong>May:</strong> Cathie Woods' ARK Investments and CBOE Global Markets file for a spot bitcoin ETF, giving the SEC a maximum of 240 days to approve or reject the application.</p><p><strong>June:</strong> BlackRock (BLK.N), opens new tab files a spot bitcoin ETF application with the SEC, raising industry hopes the agency may approve the product and sending the price of bitcoin to a one-year high. A flurry of other issuers and exchanges, including Fidelity and Invesco, file bitcoin ETF applications in the subsequent weeks and months.</p><p><strong>August:</strong> A federal appeals court in Washington D.C. rules in favour of Grayscale, saying the SEC did not justify why it had rejected its proposal. Europe's first spot bitcoin ETF begins trading on the Euronext Amsterdam stock exchange.</p><p><strong>October:</strong> The SEC opts not to appeal the court's ruling in the Grayscale case and is required to reexamine the application.</p><p><strong>2024:</strong></p><p><strong>Jan. 10:</strong> The SEC approves 11 proposals from issuers including BlackRock, Fidelity and VanEck, among others, to launch spot bitcoin ETFs.</p><p><strong>February:</strong> Net inflows into the 10 largest ETFs hit $4 billion in the first month, according to LSEG data.</p><p><strong>March:</strong> Bitcoin tops $70,000 for the first time to hit a record high, having doubled in value in the five months.</p><p><strong>June:</strong> Trump pitches himself as a champion for cryptocurrency and slammed Democrats' attempts to regulate the sector during a San Francisco fundraiser.</p><p><strong>July:</strong> Trump tells a bitcoin conference that, if elected, he will create a strategic national bitcoin stockpile and will ensure the United States is the "crypto capital of the planet."</p><p><strong>October:</strong> The SEC grants "accelerated approval" to U.S. exchanges to list and trade options tied to 11 spot bitcoin ETFs.</p><p><strong>Nov 6:</strong> Trump is declared winner of the presidential election, sparking a huge rally in a range of assets, with bitcoin being the standout gainer.</p><p><strong>Nov 12:</strong> Total crypto market cap tops $3 trillion. Year-to-date ETF net inflows hit $25.8 billion, according to LSEG data.</p><p><strong>Nov 21:</strong> Bitcoin nears $100,000 for the first time in history, driven by a swell of buying from investors in anticipation of Trump dismantling a lot of the regulation around crypto investment.</p><p><strong>Dec. 5:</strong> Bitcoin soars past $100,000 for the first time, taking its gains for the year to over 140%.</p></body></html>\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"IBIT":"iShares Bitcoin Trust","MSTR":"MicroStrategy","BTBT":"Bit Digital, Inc.","MARA":"MARA Holdings","COIN":"Coinbase Global, Inc."},"source_url":"","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1183222024","content_text":"(Reuters) - Bitcoin broke above $100,000 for the first time on Thursday as the election of Republican Donald Trump as president fuelled bets that his administration will create a friendly regulatory environment for cryptocurrencies.The world's biggest and best-known cryptocurrency has more than doubled from this year's low of $38,505 and is up over 50% since Trump's sweeping election win in early November.Here are key events in bitcoin's journey towards $100,000 and beyond:2008: Satoshi Nakamoto, the pseudonym used by the cryptocurrency's presumed developer, introduces the concept of bitcoin2010: The first retail transaction takes place when a user pays 10,000 bitcoin for two Papa John's pizzas2013: As bitcoin's popularity grows, Cameron and Tyler Winklevoss, co-founders of crypto exchange Gemini, file their first application with the U.S. Securities and Exchange Commission to create a spot bitcoin ETF.Grayscale Investments launches the Bitcoin Investment Trust, an open-ended private bitcoin trust.2016: The Winklevoss brothers adjust their application numerous times, such as the exchange on which the product would be traded. They also file amendments naming State Street as administrator. Grayscale files with the SEC to convert its bitcoin trust into a spot bitcoin ETF.2017: The SEC rejects the Winklevoss application on the grounds bitcoin markets were not mature enough. Grayscale withdraws its first attempt to convert its trust into an ETF, saying the regulatory environment was not developed enough.2018: The SEC rejects the Winklevoss twins' second application to launch a spot bitcoin ETF, saying cryptocurrency exchanges do not have the necessary controls to prevent manipulation.2020: Grayscale transforms its trust into an SEC-reporting entity, and its shares begin trading on the pink sheets, for stocks that trade over the counter. Although not an ETF, it is the first publicly traded bitcoin fund in the U.S.2021: The first spot bitcoin ETF launches in Canada. Gary Gensler replaces Jay Clayton as SEC chair in April.In October, the SEC approves the ProShares Bitcoin Trust listed on the Chicago Mercantile Exchange, noting the CME has a satisfactory mechanism for surveilling abuse in the futures market. It is the first U.S.-listed futures-based bitcoin ETF, accumulating $1 billion in assets within its first days of trading - faster than any other ETF.Also in October, Grayscale again submits an application to the SEC to convert its trust into a spot bitcoin ETF.2022: The SEC rejects several applications from would-be spot bitcoin ETF issuers, including SkyBridge, Fidelity and Bitwise. The SEC also rejects Grayscale's application, prompting the company to sue the agency.Amid crashing crypto prices, multiple crypto companies file for bankruptcy, including Three Arrows Capital, Celsius Network and FTX, whose founder Sam Bankman-Fried is also charged with fraud.2023:May: Cathie Woods' ARK Investments and CBOE Global Markets file for a spot bitcoin ETF, giving the SEC a maximum of 240 days to approve or reject the application.June: BlackRock (BLK.N), opens new tab files a spot bitcoin ETF application with the SEC, raising industry hopes the agency may approve the product and sending the price of bitcoin to a one-year high. A flurry of other issuers and exchanges, including Fidelity and Invesco, file bitcoin ETF applications in the subsequent weeks and months.August: A federal appeals court in Washington D.C. rules in favour of Grayscale, saying the SEC did not justify why it had rejected its proposal. Europe's first spot bitcoin ETF begins trading on the Euronext Amsterdam stock exchange.October: The SEC opts not to appeal the court's ruling in the Grayscale case and is required to reexamine the application.2024:Jan. 10: The SEC approves 11 proposals from issuers including BlackRock, Fidelity and VanEck, among others, to launch spot bitcoin ETFs.February: Net inflows into the 10 largest ETFs hit $4 billion in the first month, according to LSEG data.March: Bitcoin tops $70,000 for the first time to hit a record high, having doubled in value in the five months.June: Trump pitches himself as a champion for cryptocurrency and slammed Democrats' attempts to regulate the sector during a San Francisco fundraiser.July: Trump tells a bitcoin conference that, if elected, he will create a strategic national bitcoin stockpile and will ensure the United States is the \"crypto capital of the planet.\"October: The SEC grants \"accelerated approval\" to U.S. exchanges to list and trade options tied to 11 spot bitcoin ETFs.Nov 6: Trump is declared winner of the presidential election, sparking a huge rally in a range of assets, with bitcoin being the standout gainer.Nov 12: Total crypto market cap tops $3 trillion. Year-to-date ETF net inflows hit $25.8 billion, according to LSEG data.Nov 21: Bitcoin nears $100,000 for the first time in history, driven by a swell of buying from investors in anticipation of Trump dismantling a lot of the regulation around crypto investment.Dec. 5: Bitcoin soars past $100,000 for the first time, taking its gains for the year to over 140%.","news_type":1},"isVote":1,"tweetType":1,"viewCount":71,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":376276860022864,"gmtCreate":1732884203002,"gmtModify":1732885817853,"author":{"id":"4195821096811352","authorId":"4195821096811352","name":"Buce Pramudia","avatar":"https://community-static.tradeup.com/news/a19a3d3e80129d7cd9418c0ada20a022","crmLevel":1,"crmLevelSwitch":0,"followedFlag":false,"idStr":"4195821096811352","authorIdStr":"4195821096811352"},"themes":[],"htmlText":"Wow","listText":"Wow","text":"Wow","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":1,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/376276860022864","repostId":"2487585893","repostType":2,"repost":{"id":"2487585893","kind":"highlight","pubTimestamp":1732861226,"share":"https://ttm.financial/m/news/2487585893?lang=&edition=fundamental","pubTime":"2024-11-29 14:20","market":"us","language":"en","title":"Apple Impersonators Drain Elderly Man's Account In Crypto Fraud, Feds Seek $1M Forfeiture","url":"https://stock-news.laohu8.com/highlight/detail?id=2487585893","media":"Benzinga","summary":"Federal prosecutors in Cleveland are seeking forfeiture of nearly $1 million in cryptocurrency linked to a scam that drained an elderly Elyria man’s life savings, highlighting the growing trend of sophisticated crypto fraud targeting vuln","content":"<html><body><div itemprop=\"articleBody\" itemscope=\"\" itemtype=\"https://schema.org/Article\"><div><p>Federal prosecutors in Cleveland are seeking forfeiture of nearly $1 million in cryptocurrency linked to a scam that drained an elderly Elyria man’s life savings, highlighting the growing trend of sophisticated crypto fraud targeting vulnerable investors.</p>\n<p><strong>What Happened</strong>: The victim lost $408,000 after scammers, posing as <strong>Apple Inc. </strong>support representatives, gained remote access to his computer in October 2023. The criminals transferred his funds through <strong>Tether</strong> <span>USDT/USD</span>, the largest stablecoin platform, to obscure the money trail, according to news publication Cleveland. </p>\n<p>The case marks the second time in two months that Cleveland prosecutors have pursued the seizure of stolen funds laundered through Tether.</p>\n<p>“The scammers wired money from the victim’s bank to a virtual currency account, then transferred it through multiple cryptocurrency wallets,” prosecutors told U.S. District Judge <strong>Pamela Barker i</strong>n their filing. The victim and his wife now rely solely on Social Security and family support.</p>\n<p>The Cleveland FBI’s investigation revealed an additional $539,000 in suspected stolen or laundered cryptocurrency linked to the same criminal network, bringing the total seized funds to $947,000.</p>\n<p><strong>See Also: Bitcoin, Ethereum, Dogecoin Simmer Down On Thanksgiving: Analyst Sees ‘Significant Shift’ From BTC Season To Alt Season</strong></p>\n<p><strong>Why It Matters</strong>: This case emerges amid an unprecedented surge in cryptocurrency crime in 2024, with industry losses exceeding $1.58 billion, according to recent reports. Just this August, the SEC uncovered a $650 million crypto fraud scheme, while a separate Genesis creditor heist resulted in $243 million in losses.</p>\n<p>The scam followed a common pattern where criminals initiate contact through computer alerts, phone calls, or social media. In this instance, the perpetrators exploited the victim’s trust through a fake computer security alert and sophisticated social engineering tactics.</p>\n<p><strong>Read Next: </strong></p>\n<ul>\n<li><strong>Peter Schiff Calls <a href=\"https://laohu8.com/S/MSTR\">MicroStrategy</a> A ‘Great Short’ And Issues A Grim Warning: ‘It Can Only End In Bankruptcy’</strong></li>\n</ul>\n<p><em>Image via Freepik</em></p>\n<p><strong><em>Disclaimer</em></strong><em>: This content was partially produced with the help of Benzinga Neuro and was reviewed and published by Benzinga editors.</em></p> </div>Market News and Data brought to you by Benzinga APIs<p>© 2024 Benzinga.com. Benzinga does not provide investment advice. All rights reserved.</p></div></body></html>","source":"Benzinga","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Apple Impersonators Drain Elderly Man's Account In Crypto Fraud, Feds Seek $1M Forfeiture</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nApple Impersonators Drain Elderly Man's Account In Crypto Fraud, Feds Seek $1M Forfeiture\n</h2>\n\n<h4 class=\"meta\">\n\n\n2024-11-29 14:20 GMT+8 <a href=https://www.benzinga.com/markets/cryptocurrency/24/11/42238629/apple-impersonators-drain-elderly-mans-account-in-crypto-fraud-feds-seek-1m-forfeiture><strong>Benzinga</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>Federal prosecutors in Cleveland are seeking forfeiture of nearly $1 million in cryptocurrency linked to a scam that drained an elderly Elyria man’s life savings, highlighting the growing trend of ...</p>\n\n<a href=\"https://www.benzinga.com/markets/cryptocurrency/24/11/42238629/apple-impersonators-drain-elderly-mans-account-in-crypto-fraud-feds-seek-1m-forfeiture\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"https://www.benzinga.com/files/images/story/2024/11/29/5-Surprising-Facts-About-47M-Crypto-Heis.jpeg","relate_stocks":{"IE0003U64NQ7.SGD":"PIMCO BALANCED INCOME AND GROWTH \"M\" (SGDHDG) ACC","LU0096364046.USD":"CT (LUX) I AMERICAN \"DU\" (USD) ACC","LU1291159041.SGD":"CPR Invest - 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Global Dynamic Dividend A MIncA USD","LU1935043536.SGD":"MANULIFE GF GLOBAL MULTI-ASSET DIVERSIFIED INCOME \"AA\" (SGDHDG) INC A","LU1989772840.SGD":"CPR Invest - Climate Action A2 Acc SGD-H","LU2461242641.AUD":"WELLINGTON US QUALITY GROWTH \"A\" (AUDHDG) ACC","LU1868837300.USD":"CT (LUX) I AMERICAN FUND \"9\" (USD) ACC","LU2237443622.USD":"Aberdeen Standard SICAV I - Global Dynamic Dividend A Acc USD","LU1989764664.SGD":"CPR Invest - Global Disruptive Opportunities A2 Acc SGD-H","IE00BJJMRY28.SGD":"Janus Henderson Balanced A Inc SGD","LU1868836591.USD":"CT (LUX) I AMERICAN \"1U\"(USD) ACC","LU2756315664.SGD":"ALLIANZ INCOME AND GROWTH \"AMI\" (SGDHDG) INC","IE00BK4W5L77.USD":"HSBC GLOBAL FUNDS ICAV US EQUITY INDEX \"HC\" (USD) ACC","LU0011850046.USD":"贝莱德全球长线股票 A2 USD","LU0784383803.USD":"BGF GLOBAL MULTI-ASSET INCOME FUND \"A\" (USD) INC A","LU2505996681.GBP":"WELLINGTON MULTI-ASSET HIGH INCOME \"AM4H\" (GBPHDG) INC","IE000ITXATA3.USD":"PIMCO BALANCED INCOME AND GROWTH \"M\" (USD) ACC"},"source_url":"https://www.benzinga.com/markets/cryptocurrency/24/11/42238629/apple-impersonators-drain-elderly-mans-account-in-crypto-fraud-feds-seek-1m-forfeiture","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"2487585893","content_text":"Federal prosecutors in Cleveland are seeking forfeiture of nearly $1 million in cryptocurrency linked to a scam that drained an elderly Elyria man’s life savings, highlighting the growing trend of sophisticated crypto fraud targeting vulnerable investors.\nWhat Happened: The victim lost $408,000 after scammers, posing as Apple Inc. support representatives, gained remote access to his computer in October 2023. The criminals transferred his funds through Tether USDT/USD, the largest stablecoin platform, to obscure the money trail, according to news publication Cleveland. \nThe case marks the second time in two months that Cleveland prosecutors have pursued the seizure of stolen funds laundered through Tether.\n“The scammers wired money from the victim’s bank to a virtual currency account, then transferred it through multiple cryptocurrency wallets,” prosecutors told U.S. District Judge Pamela Barker in their filing. The victim and his wife now rely solely on Social Security and family support.\nThe Cleveland FBI’s investigation revealed an additional $539,000 in suspected stolen or laundered cryptocurrency linked to the same criminal network, bringing the total seized funds to $947,000.\nSee Also: Bitcoin, Ethereum, Dogecoin Simmer Down On Thanksgiving: Analyst Sees ‘Significant Shift’ From BTC Season To Alt Season\nWhy It Matters: This case emerges amid an unprecedented surge in cryptocurrency crime in 2024, with industry losses exceeding $1.58 billion, according to recent reports. Just this August, the SEC uncovered a $650 million crypto fraud scheme, while a separate Genesis creditor heist resulted in $243 million in losses.\nThe scam followed a common pattern where criminals initiate contact through computer alerts, phone calls, or social media. In this instance, the perpetrators exploited the victim’s trust through a fake computer security alert and sophisticated social engineering tactics.\nRead Next: \n\nPeter Schiff Calls MicroStrategy A ‘Great Short’ And Issues A Grim Warning: ‘It Can Only End In Bankruptcy’\n\nImage via Freepik\nDisclaimer: This content was partially produced with the help of Benzinga Neuro and was reviewed and published by Benzinga editors. Market News and Data brought to you by Benzinga APIs© 2024 Benzinga.com. Benzinga does not provide investment advice. 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