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Just at this time, Bitcoin and the broader crypto market have dropped to new 2022 lows. The Bitcoin price has tanked 10 percent dropping to $20,000. On the other hand, the altcoin space is witnessing even more brutal correction. Bitcoin has dropped nearly 60 percent year-to-date and more than 70 percent since its all-time high in November 2021. The imprisonment came as Telegram said it was "surprised" by claims that privacy commissioner Ada Chung Lai-ling is seeking to block the messaging app due to doxxing content targeting police and politicians. As five out of seven counts were serious, Hui sentenced Ng to six years and six months in jail. Ng Man-ho, a 27-year-old computer technician, was convicted last month of seven counts of incitement charges after he made use of the 100,000-member Chinese-language channel that he runs and manages to post "seditious messages," which had been shut down since August 2020. During the meeting with TSE Minister Edson Fachin, Perekopsky also mentioned the TSE channel on the platform as one of the firm's key success stories. Launched as part of the company's commitments to tackle the spread of fake news in Brazil, the verified channel has attracted more than 184,000 members in less than a month.
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