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It’s yet another bloodbath on Satoshi Street. As of press time, Bitcoin (BTC) and the broader cryptocurrency market have corrected another 10 percent amid a massive sell-off. Ethereum (EHT) is down a staggering 15 percent moving close to $1,000, down more than 42 percent on the weekly chart. Users are more open to new information on workdays rather than weekends. As of Thursday, the SUCK Channel had 34,146 subscribers, with only one message dated August 28, 2020. It was an announcement stating that police had removed all posts on the channel because its content “contravenes the laws of Hong Kong.” Matt Hussey, editorial director of NEAR Protocol (and former editor-in-chief of Decrypt) responded to the news of the Telegram group with “#meIRL.” Other crimes that the SUCK Channel incited under Ng’s watch included using corrosive chemicals to make explosives and causing grievous bodily harm with intent. The court also found Ng responsible for calling on people to assist protesters who clashed violently with police at several universities in November 2019.
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