With Bitcoin down 30% in the past week, some crypto traders have taken to Telegram to โvoiceโ their feelings. The administrator of a telegram group, "Suck Channel," was sentenced to six years and six months in prison for seven counts of incitement yesterday. As five out of seven counts were serious, Hui sentenced Ng to six years and six months in jail. Select โNew Channelโ Matt Hussey, editorial director of NEAR Protocol (and former editor-in-chief of Decrypt) responded to the news of the Telegram group with โ#meIRL.โ
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