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In handing down the sentence yesterday, deputy judge Peter Hui Shiu-keung of the district court said that even if Ng did not post the messages, he cannot shirk responsibility as the owner and administrator of such a big group for allowing these messages that incite illegal behaviors to exist. Just as the Bitcoin turmoil continues, crypto traders have taken to Telegram to voice their feelings. Crypto investors can reduce their anxiety about losses by joining the “Bear Market Screaming Therapy Group” on Telegram. With Bitcoin down 30% in the past week, some crypto traders have taken to Telegram to “voice” their feelings. As five out of seven counts were serious, Hui sentenced Ng to six years and six months in jail.
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