JUST IN: EX-CELSIUS CEO PLEADS GUILTY TO FRAUD CHARGES

Alex Mashinsky, the founder and former CEO of Celsius Network, has pleaded guilty to federal fraud charges. Specifically, he admitted to misleading customers about the business, engaging in commodities fraud, and manipulating the price of Celsius's proprietary crypto token, $CEL.

This plea was part of a case where Mashinsky faced charges for his role in the collapse of Celsius Network, a cryptocurrency lending platform that filed for bankruptcy in 2022. His actions included illegally manipulating the token's price while secretly selling his own tokens at inflated prices, which allowed him to pocket around $48 million before the company's bankruptcy.

DID TRUMP ENDORSE DOGE COIN? 🤯‼️

Here is how Dogecoin has climbed its way from just a meme to politics.

Elon Musk's involvement with Dogecoin has evolved significantly, transitioning from being a prominent endorser of the cryptocurrency to now potentially leveraging it in a political context with the establishment of the Department of Government Efficiency (DOGE).

Dogecoin, initially created as a joke, has seen substantial interest and value fluctuations largely influenced by Elon Musk's public endorsements over the years. His tweets, including calling himself the "Dogefather" during an SNL appearance in 2021, have historically led to price surges.

Donald Trump appointed Elon Musk to lead the Department of Government Efficiency, alongside Vivek Ramaswamy. This department's acronym, DOGE, intentionally mirrors the cryptocurrency's ticker symbol, which has led to speculation and discussion about Musk's influence on Dogecoin's market performance.

The establishment of this department has been seen by some as Musk using his influence to potentially boost Dogecoin's value, given his significant personal investment in the cryptocurrency. This move has been criticized by some as an attempt to enrich himself through governmental influence over a meme coin.

Following the announcement of Musk's new governmental role, $DOGE experienced a notable price increase. Posts on platforms like X suggest that this was perceived as a direct boost due to the name similarity, with the crypto jumping significantly in value after Trump's victory and the DOGE department's announcement.

Some view it as a clever play on meme culture by Musk, while others are skeptical, seeing it as a potential conflict of interest or a whimsical approach to government efficiency.

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Pump Fun Livestream Turn Into Real Life Black Mirror Nightmare ‼️🔔

The Solana based platform Pump fun, known for allowing easy creation and trading of meme coins, has encountered significant controversy due to its livestream feature.

Reports indicate that the livestreams have escalated into extreme and troubling behaviors:

Self-Harm and Threats: Users have engaged in acts of self-harm or threatened more severe actions like suicide, contingent on the financial performance of their tokens. For instance, there were instances where individuals threatened to take extreme measures if their tokens did not reach certain market cap goals.

Violence and Animal Cruelty: There have been allegations of users livestreaming violent acts or animal cruelty to manipulate token prices. This includes a disturbing scenario where a user allegedly threatened harm to family members, and another where animal cruelty was implied for token promotion.

The community has reacted with shock and outrage, likening the situation to episodes from the dystopian TV series "Black Mirror" due to the unethical and desperate behaviors displayed. Critics argue that Pump Fun lacks adequate moderation and safety protocols, allowing for such content to proliferate.

Pump fun's creator, referred to as Alon, has stated that the platform takes content moderation seriously. Measures have been put in place since its inception to moderate illicit content, with specific policies regarding NSFW content. However, the effectiveness of these measures is under scrutiny.

This situation raises critical questions about the responsibilities of platforms in moderating content, the psychological impacts of financial desperation in volatile markets like cryptocurrency, and the ethical boundaries of online entertainment and promotion. The controversy highlights the darker side of digital platforms where lack of oversight can lead to real-world harm or exploitation for financial gain.

Crypto Strategy 2024: Patience Pays Off

My investment thesis over the last 12 months has remained steadfast: wait for Bitcoin (BTC) to signal a bull market. Here's how we played it:

Phase 1: The Wait

- The strategy was simple: hold off on any significant moves until Bitcoin gave us the green flag. This was not about jumping on every little uptick or trend but about waiting for a solid confirmation of a broader market upswing.

Phase 2: The Move
- Once Bitcoin reached that mark, the game plan shifted to action. We began transferring substantial amounts into alternative cryptocurrencies, particularly focusing on mid and low-cap altcoins. These were assets that had been languishing at bear market prices, ripe for the picking as the market sentiment began to turn.

Phase 3: The Hold
- After making these investments, the strategy was to sit back and do nothing for years. This isn't about day trading or chasing the latest hot token. It's about recognizing that in the volatile world of cryptocurrency, sometimes the best action is inaction. Holding through the cycles can often yield the most significant returns as altcoins from bear market lows have the potential to multiply in value during a bull run.

This approach is less about being in the thick of market trends and more about strategic patience. It's about understanding that in crypto, timing can be everything, and sometimes, the simplest strategies can lead to substantial wealth.

Cheers to becoming stupid rich with a strategy that's anything but dumb.

IF YOU WANT TO GET RICH YOU SHOULD BE TRADING ON TIKTOK

TikTok memes are the new trend with Chill Guy taking the lead!

Here's how it all started:

“I’m just a chill guy”

The meme features a character described as "just a chill guy that lowkey doesn't give a f*," depicted as a light brown dog with human-like features, wearing casual clothes.

The original meme gained over 600 million views on Tikrok and set the stage for its transition into the crypto space. The idea was to create a meme coin that embodied this laid-back vibe, resonating with young men all over the globe.

$CHILLGUY was launched on Solana. The launch was strategically timed to capitalize on the meme's existing popularity, turning cultural recognition into potential financial speculation.

Following its launch, $CHILLGUY saw an explosive growth, with its price surging significantly and gaining over 70,000 holders in less than 24 hours. This reflects the power of meme culture in driving value. Posts on social media indicate that within days of its launch, it attracted tens of thousands of holders and performed remarkably in terms of trading volume, underscoring its rapid adoption among retail investors.

The coin's success can be attributed to organic growth from the meme's existing fanbase, amplified by influencers and the community's engagement. The narrative around $CHILLGUY being a coin for "normies" or “retail” (non-traditional crypto enthusiasts) added to its allure, presenting it as an accessible entry point into crypto for those familiar with the meme but new to blockchain.

People are suggesting that its listing on platforms like Binance is "inevitable," given its market performance and user onboarding benefits to the exchange.

This may very well be the fastest meme coin to a billion!

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This platform allows you to earn $2000 a month just to post 🤯

Halo Teams Up with Movement Labs for Groundbreaking Collaboration!

In an industry-first move, Halo, the SocialFi sensation with over one million users, has joined forces with Movement Labs to unveil a game-changing social monetization layer. This partnership harnesses Movement's cutting-edge blockchain tech to ensure transactions are not only secure but also lightning-fast, all while keeping costs down.

Halo's latest initiative could see you earning up to $2,000 every month through their exclusive Creator Program. With the introduction of tradeable Halo Influencer Badges (HIBs), influencers are now looking at potential returns that could make you rethink your career choices, with earnings soaring up to 200 times your initial investment!

They're rolling out an AI Training Portal, a Profit Sharing System, and a Quests Platform. These aren't just tools; they're your ticket to monetizing not just your content but your data, your participation, and your time.

Security in the wild west of online social platforms can be a nightmare, especially with approval requests that can open doors to hackers. Enter Jeff Hou, Halo’s CEO, who assures that their new tech with Movement Labs is the fortress you need.

Ever thought you could get paid for your brain? Halo's Bounty Q&A lets you do just that. Share your knowledge, earn rewards, and help shape the future of decentralized social platforms, all powered by Movement’s blockchain.

Behind this powerhouse partnership is the $20 million Movement Crypto Fund, aimed at catapulting innovation in the Move ecosystem. Plus, Halo's involvement in Movement’s “Building the Parthenon” initiative is like adding jet fuel to a fire, promising to build not just a platform but a community that redefines social interaction.

Stay tuned – this could be the biggest shift in how we think about, use, and profit from social media.

THE BULL MARKET IS BACK

Will Bitcoin reach $100,000 by 2024?

I have the answer ..

Today Bitcoin reached another all time high of $79,000.

This has sparked a wave of excitement and cautious optimism in the financial markets. This surge comes at a time when the U.S. has seen a political shift with Donald Trump's re-election, whose positive stance on cryptocurrencies has contributed to this bullish market sentiment.

The political landscape appears to have directly influenced Bitcoin's valuation. Trump's victory has been interpreted by many in the crypto community as a sign of forthcoming regulatory leniency, which could foster a more conducive environment for Bitcoin and other digital currencies. This has led to increased investor confidence, with many seeing this as the beginning of a new "supercycle" for Bitcoin, characterized by prolonged upward price movements.

However, this enthusiasm is not without its caveats. The market is known for its volatility, and despite the current high, there's a consensus among analysts that the rapid ascent could easily be followed by significant corrections.

Market fundamentals seem robust with the price surge backed by real demand, highlighted by the strong interest in Bitcoin ETFs, a potential supply shock in the spot market, and broader economic conditions favoring risk assets. Experts predict Bitcoin could hit even higher milestones, others warn of the possibility of a downturn, emphasizing the need for a balanced perspective on this volatile asset's trajectory.

In summary. We are currently in a bull market which could see Bitcoin surpass $100,000 this year.

This crypto is onboarding MILLIONS of users and whales are catching on 🤯

Significant buys have been coming in with some inside news of an influx of holders.

There has been a notable increase in the price of $LIF3 after a recent announcement about partnering with Jambo Technology to make crypto payments more accessible in developing markets, embedding DeFi solutions directly into JamboPhones.

This partnership would onboard millions of users to the platform and wallet.

Aside from obvious community sentiment and price action, here is some more information on Lif3:

$LIF3 is a multi-chain digital wallet designed to serve as a gateway to the decentralized finance (DeFi) world. Here are some key features and information about it:

Lif3 Wallet supports multiple blockchains, particularly those that are Ethereum Virtual Machine (EVM) compatible. This includes popular networks like Ethereum, Polygon, Fantom, Avalanche, Optimism, Tomb Chain, and BNB Chain, with the wallet natively supporting 32 EVM-compatible networks.

The wallet is noted for its beginner-friendly interface, offering a smooth and rich blockchain experience. Users can engage in various DeFi activities like governance and yield farming directly from the wallet.

Lif3 Wallet is self-custodial, meaning only the user has access to their wallet and tokens, enhancing security by not relying on third-party custody.

Users can purchase cryptocurrencies directly within the app using debit or credit cards thanks to an integration with Ramp, avoiding the need to transfer from centralized exchanges.

The wallet integrates with decentralized exchanges (DEXes) for token swaps. Users can swap tokens through the "Quick Action" tab by selecting the "Swap" option, which leads to Lif3 Swap.

It includes features to track tokens and manage wallets with nicknames for ease of use, or to watch addresses without owning them.

The Lif3 community appears engaged, with recent social media posts highlighting significant price movements and new partnerships, suggesting a positive sentiment towards the wallet's developments.

Kamala Harris EXPOSED after faking a phone call to a voter 🤯

Kamala Harris has encountered some controversy regarding an incident at a DNC phone bank event on Election Day, November 5, 2024. During this event, she was seen making calls to encourage voter turnout. However, when she turned her phone towards the camera, it appeared to show the camera app open instead of an ongoing call, leading to speculation and accusations from some quarters that she might have been pretending to be on a call with a voter.

This is an example of deceptiveness and fake intentions in political campaigning. Critics pointed out the act as potentially staged for the cameras, questioning the authenticity of the interaction. The incident became a focal point for discussions on authenticity in political campaigns, especially given the digital nature of modern campaigning where visual proof often plays a significant role in public perception.

This raises concerns regarding the transparency and genuineness of political actions, especially in high-stakes environments like election days.

A big project is launching in Q4 🚨

I have some inside info for you..

Movement Labs ($MOVE) is carving out a significant niche in the blockchain industry by focusing on advanced solutions that enhance transaction speeds and security on Ethereum.

As they are launching very soon. Here is all the info you need to know to be ahead of everyone!

Movement Labs has developed a pioneering solution known as the "First MoveVM ZK Layer Two on Ethereum." This technology aims to make transactions on Ethereum faster and more cost-effective by integrating the Move Virtual Machine with Zero-Knowledge proofs. The goal is to drastically reduce transaction fees and increase throughput, potentially reaching over 160,000 transactions per second.

At the core of Movement Labs is the Move Collective, a community for developers, investors, and blockchain enthusiasts dedicated to advancing the Move ecosystem. This collective not only supports technological development but also fosters education and collaboration, extending Movement Labs' reach globally.

Beyond transaction efficiency, Movement Labs is exploring innovative applications in decentralized finance (DeFi). Their work hints at enhancing security and usability in DeFi, potentially transforming how financial transactions are conducted on blockchain.

$MOVE engages its community through interactive campaigns like their Relics testnet activity, making blockchain technology more accessible and engaging for everyone involved.

They are not just developing technology; they're building a movement towards a more accessible, secure, and efficient blockchain future. By combining technical innovation with community engagement, they're setting the stage for significant advancements in how we interact with digital assets.

Keep an eye out for $MOVE TGE in Q4 this year, as it will sure get some serious attention.

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BINANCE APPROVED THIS 🤫

$CAT JUST GOT LISTED ON BINANCE PERPS

Here is why it is GIGA bullish:

First and foremost, it means $CAT passes the test!!

Prior to listing announcements I previously spoke on why I believe $CAT will be one of the top meme coins of 2024. Getting listed on Binance isn't easy. They check if the token is legit and has potential. When Binance gives a token the green light, it signals that this project might be worth checking out - by the experts.

Listing on Binance also means it is now accessible to people all over the world. This is a huge indicator of a possible price surge (to the moon).

$CAT has now reached official credibility, increased liquidity, and is now exposed to a global audience.

This is the last golden opportunity to catch the next big meme before it hits billions.

You heard it here first ;)

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What is Cryptocurrency and how does it work?

Cryptocurrency is a form of digital or virtual currency that employs cryptographic techniques for security, operating outside the control of traditional financial institutions like banks or governments.

Cryptocurrency fundamentally exists in digital form, this digital currency system is decentralized, meaning it isn't managed by any central authority. Instead, it thrives on technology that facilitates direct transactions between individuals.

At the heart of most cryptocurrencies is blockchain technology. Blockchain is essentially a distributed ledger that maintains a continuously growing list of records, called blocks, which are linked using cryptography. Each block contains multiple transactions, and every participant in the network has a copy of this ledger, ensuring transparency and security through consensus.

When someone wants to use cryptocurrency, they utilize digital wallets. These are software or hardware devices that store the cryptographic information necessary to manage transactions. A wallet holds public keys, used to receive funds, and private keys, crucial for signing transactions to spend or transfer funds.

Cryptocurrencies can be exchanged on digital platforms for other cryptocurrencies or traditional currencies.

The value and acceptance of cryptocurrencies vary widely, influenced by numerous factors including technological developments, regulatory environments, and overall market sentiment. Furthermore, while transactions offer a degree of anonymity, they are pseudonymous, meaning they can sometimes be traced.

Cryptocurrency and its underlying blockchain technology promise innovations beyond just currency, impacting areas like finance through smart contracts, supply chain management, and identity verification.

Understanding cryptocurrency involves recognizing its potential to revolutionize financial systems while being aware of its inherent risks and complexities.

HERE ARE MY TOP 6 STRATEGIES FOR BECOMING RICH IN CRYPTO

Diversification: Even within your chosen strategy, diversify across different types of coins to spread risk.

Risk Management: Only invest what you can afford to lose. Cryptocurrency markets can be highly speculative, and while they offer high returns, they also come with significant risks.

Stay Informed: Keep up with market news, technological updates, regulatory changes, and community sentiment. The crypto space evolves rapidly, and staying informed helps in making timely decisions.

Security: Use secure practices for storing your cryptocurrencies, like using reputable wallets or cold storage for significant holdings.

Education: Continuously educate yourself about blockchain technology, smart contracts, and the fundamentals of the projects you invest in. Understanding the tech underpinning your investments can provide better insights into their potential.

Long-Term Perspective: Given your strategy leans towards holding through corrections, maintain a long-term investment perspective.

This strategy focuses on finding crypto coins with strong fundamentals, community support, and a clear vision for development, aiming to navigate the volatile market with a patient, well-researched approach.

Remember, while this strategy might reduce certain risks, there's always potential for loss. Always consider your financial situation and risk tolerance when making decisions.

If you enjoy this post, please give it a like and follow me @Vanessa Sierra for more crypto posts.

Do you follow me?

IVE CHANGED MY TRADING STRATEGY

Here are key things I now look for..

No Venture Capital (VC) Involvement:

This approach aims to avoid the potential influence of large investors who might prioritize their interests over the community's or the project's long-term health.

Multiple 50%+ Corrections:

Understand that the crypto market is volatile, with price drops of over 50% being common. Instead of viewing these corrections as failures, consider them as a requirement for long term coin health. This

Highly Spread Distribution:

A broadly distributed coin among holders reduces the risk of manipulation by large holders and encourages a more democratic governance structure. This distribution also implies that the project's success is tied to the collective faith and activity of many, rather than the decisions of a few.

Diamond Hand Community:

Focus on projects with a community known for holding their assets long-term, often referred to as having "diamond hands." These communities believe in the project's long-term vision over quick profits, which can lead to more stable price action and a supportive environment for development and growth.

Devs Working Overtime:

A dedicated team is often a sign of a project with ongoing support and a roadmap for improvement, which can be crucial for the long-term success and utility of the cryptocurrency.

Community Highly Active:

Engagement is key. The cryptocurrency projects with the most potential often have vibrant, active communities. High community involvement can drive adoption, development, and the overall health of the ecosystem.

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DONT BELIEVE PROFIT SCREENSHOTS!!

You might see lots of people posting pictures showing they've made millions in crypto, especially with smaller, unknown coins. But here's the thing:

Pictures Can Lie

Anyone can make up a photo or fake numbers. Just because someone posts a screenshot doesn't mean they really made that much money.

What About the Money?

Let's say they really did make millions with a coin that only has $3 million available to trade (that's what we call liquidity). Here's where it gets tricky:

Selling Problem

If lots of people try to sell at the same time, the price of the coin drops. If you want to turn those millions into real money, you might end up selling for much less.

Not Enough Cash

Imagine you have a coin worth $1 million on paper, but there's only $3 million total for everyone to use. If you try to sell your $1 million worth, there's not enough money in the market to buy it all at once without the price crashing.

Be Skeptical

When you see someone claiming they made a lot from a coin with low liquidity, think twice. Are they really able to turn those crypto coins into actual cash with such low liquidity?

The Big Picture

Remember, not everyone can cash out millions from a small coin. If it sounds too good to be true, it probably is.

So, always question those profit screenshots. Real gains in crypto, especially from tiny coins, are much harder to realize than what flashy images might suggest. Always do your homework and think about how realistic it would be to actually cash out.

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DID YOU MISS OUT ON WEALTH AGAIN?

We've got something different happening in the crypto world this time around.

HERE IS SOME EASY CRYPTO ADVICE FOR TODAYS MARKET

A New Kind of Cycle

You know, usually, we see these cycles where things go up and then they go down, right? Well, this one feels different. It's not following the same old path.

Recession? Maybe, Maybe Not

I'm not super worried about a crash or a big drop like some people might expect. But, and this is a big 'but', it could happen. We've got to keep our eyes peeled.

How Long Will This Last?

The good times, the exciting part where prices might go up? It could stick around for just a few months, like three. Or, we could be partying all the way up to a year. Who knows? That's the thing, nobody ever really does. Which leads to the next bit of advice..

Take Your Wins

Here's what you've got to remember: when your crypto is doing really well, when you're making good money, think about taking some of that profit off the table. You never know what tomorrow holds, and you deserve the profit!

Don't Get Stuck

The worst thing that could happen is you miss the boat. You don't want to be the last one holding onto your crypto when everyone else is moving out. That's what they mean by "don't be left holding the bag."

So, keep an eye on your investments, enjoy the ride, but always have a plan to secure your gains. This crypto journey might not be like the others, but smart plays are always in style. Stay sharp, stay safe, and enjoy the ride!

If you enjoyed this advice, please give this post like and follow me @van00sa for more Crypto posts!

What is Cryptocurrency and How Does it Work?

Cryptocurrency is a digital or virtual currency secured by cryptography, functioning without traditional banking systems.

Here's a concise look at how it works:

Cryptocurrency exists digitally, using blockchain technology—a decentralized ledger of all transactions spread across multiple computers, ensuring transparency and security.

New cryptocurrency units are created through mining, where powerful computers solve complex problems to validate transactions and earn coins, or through staking, where participants validate transactions based on the number of coins they hold.

Transactions involve digital wallets. Users initiate transactions specifying an amount and recipient's public key, which are then broadcast to the network. Other network users verify these transactions, adding them to the blockchain in blocks, making them immutable.

The security comes from cryptographic encryption and decentralization. Only wallet owners can authorize transactions with their private keys, and since no single entity controls the blockchain, it's resistant to fraud.

Cryptocurrencies can be volatile, traded on exchanges, and used for purchases at places accepting them, though this isn't widespread yet. Their value fluctuates with market demand, regulatory news, and technological developments.

Essentially, cryptocurrency represents a shift towards more decentralized financial systems, offering potential for innovation while posing challenges like volatility and regulatory scrutiny.

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The SEC charges Mango Markets for Unregistered Securities

The U.S. Securities and Exchange Commission (SEC) has taken action against the entities behind Mango Markets, charging them with offering and selling unregistered securities in the form of their governance token, MNGO.

The SEC accused Mango DAO, Mango Labs LLC, and the Blockworks Foundation of conducting unregistered offerings and sales of the MNGO governance tokens, which the SEC identified as securities. These entities settled the charges without admitting or denying the allegations. They agreed to pay nearly $700,000 in civil penalties, destroy their MNGO tokens, request trading platforms to delist the tokens, and commit to not solicit trading platforms for future offerings of MNGO.

This case underscores the SEC's stance on certain crypto tokens, particularly governance tokens, potentially being classified as securities. It highlights the ongoing regulatory scrutiny over DeFi projects and their tokens, pushing for compliance with securities laws or facing legal consequences.

While aimed at protecting investors, such regulatory actions could slow down the pace of innovation in the DeFi space or force projects to reconsider their token models to avoid future legal issues. This might lead to a more cautious approach in launching governance tokens or other crypto assets.

The settlement and token destruction could impact the price and market sentiment towards Mango Markets and similar projects. Investors might become wary of participating in projects lacking clear regulatory compliance, potentially leading to a broader market sell-off of similar tokens or a flight to more regulated or traditional investment options.

If you enjoyed this post please give it a like and follow me @Vanessa Sierra for the latest in crypto.

The US Presidential Election is Going to Change Crypto!

Analysts from Jefferies have indicated that the near-term price of Bitcoin might be directly tied to the election outcome due to Trump's promises of crypto-friendly policies. If Trump wins, expect a bullish Bitcoin market, possibly setting new highs as investors bet on favorable regulations. We might see a relaxation in regulations or even incentives for crypto adoption.

Conversely, a Harris victory might maintain or intensify regulatory scrutiny, potentially leading to a more cautious crypto market, though not necessarily a downturn if approached with a balanced regulatory framework.

Regardless of the presidency, a pro-crypto Congress could push forward legislation beneficial for the crypto industry. Key figures like Patrick McHenry, if retaining influential positions, could steer policy towards more defined crypto regulations, potentially boosting market confidence and prices.

A pro-crypto US could accelerate global adoption, driving up crypto prices. Conversely, restrictive policies might push investors towards regions with more favorable crypto climates, yet this could still benefit crypto prices as a 'flight to quality' scenario.

Trump's administration might unleash blockchain innovation, attracting more capital into crypto, which could significantly elevate market valuations. A Harris-led approach might focus more on consumer protection, potentially tempering wild growth but not necessarily leading to a market downturn if balanced with innovation support.

Speculation around Trump's crypto promises could lead to immediate Bitcoin price movements post-election. If Trump wins, crypto might see an immediate surge on speculation alone, while a Harris victory might see initial sell-offs due to perceived regulatory risks.

In essence, the 2024 US election could act as a catalyst for crypto, with outcomes potentially leading to either a regulatory boon or a more cautious investment climate.

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