BTC breaks through the $93500 mark

According to a report by Sing Tao Daily, the Hong Kong police conducted a territory wide law enforcement operation from April 7th to April 17th, targeting fraud, cybercrime, and money laundering, with the code name "Assault". A total of 503 people were arrested, involving 404 cases of fraud and technology crimes, with a total amount of HKD 1.56 billion involved. During the operation, the police raided a fraud center located in an industrial building unit in Tsuen Wan and arrested 11 people, some of whom had triad backgrounds. Group members use online dating platforms to create characters of "young and beautiful" and "successful" women, and use "language" and "artificial intelligence face swapping technology" to lure victims into opening online stores on fake e-commerce platforms, forging online store traffic and third-party orders, and demanding that victims recharge their online stores with virtual currency.

Odaily Planet Daily News (Gate. io): MemeBox has launched MetYa (MET) and Captain BNB (Captain BNB) on April 23rd. MemeBox is a one-stop on chain asset trading portal created by (Gate. io), integrating a multi chain ecosystem and a fast coin listing mechanism. Users do not need to manually switch chains, recharge or authorize, and can directly purchase popular on chain assets with USDT. Combining the convenience of CEX with the speed advantage of DEX, MemeBox aims to help users capture market trends faster and efficiently layout Web3 potential projects.

According to AiCoin monitoring, the net inflow of US spot BTC ETF reached $913 million yesterday, the highest daily net inflow since January 29th. Among them, ARKB had the largest inflow of funds, reaching 267 million US dollars; Next is FBTC, with an inflow of $254 million. According to the "Spot BTC ETF Tracking" real-time trading strategy developed by AiCoin, there is a significant positive correlation between the inflow of ETF funds and BTC prices. Subscription indicators can be used to automatically place orders based on the flow of funds in the program. Data for reference only

From the exclusive chip distribution indicators of members, the current price range has sparse chips, indicating that there is relatively light selling pressure above and prices are prone to rapid increases. There is strong support near 1600 below, forming a safety buffer zone of 11.52% with the current price, and the pullback space is limited. The 4-hour cycle K-line shows that the momentum of multiple parties continues to increase after the MACD golden cross, and the slope of EMA24 reaches 2.46%, indicating a strong upward trend. Combined with RSI breaking through 70 and increasing volume, it further confirms the current strong breakthrough pattern. Be the first to open a membership, unlock exclusive chip distribution, and accurately grasp the main trend! The data is sourced from the PRO member's [ETH/USDT Binance 4-hour] K-line, for reference only, and does not constitute any investment advice.

According to BlockBeats, on April 23rd, the US Securities and Exchange Commission (SEC) and federal prosecutors accused a man of allegedly launching a cryptocurrency scam that deceived about 90000 people and involved a total amount of up to $200 million, promising high returns from Bitcoin and forex trading. The SEC announced on April 22 that it has filed charges against Ramil Palafox, a dual citizen of the United States and the Philippines, alleging that he illegally misappropriated over $57 million in investor funds through his company PGI Global from January 2020 to October 2021. Regulatory authorities alleged that Palafox operated using a multi-level marketing (MLM) model and carried out a "Ponzi scheme" until the company went bankrupt in 2021. The SEC claimed that he attracted investors through "false expertise in the cryptocurrency industry and so-called AI automated trading platforms". Scott Thompson, Deputy Director of the SEC's Philadelphia Office, said, "Palafox attracted investors with the promise of 'guaranteed profits' from complex cryptocurrency and forex trading, but in reality, he did not engage in any trading at all. Instead, he spent millions of dollars buying cars, watches, and real estate for himself and his family The SEC accuses Palafox of violating anti fraud and registration provisions under federal securities laws and is seeking a permanent injunction against it, prohibiting it from selling securities and cryptocurrency assets in the future, while demanding the return of illegal gains and civil fines.