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“[The defendant] could not shift his criminal liability,” Hui said. “Hey degen, are you stressed? Just let it all out,” he wrote, along with a link to join the group. Developing social channels based on exchanging a single message isn’t exactly new, of course. Back in 2014, the “Yo” app was launched with the sole purpose of enabling users to send each other the greeting “Yo.” With Bitcoin down 30% in the past week, some crypto traders have taken to Telegram to “voice” their feelings. With the sharp downturn in the crypto market, yelling has become a coping mechanism for many crypto traders. This screaming therapy became popular after the surge of Goblintown Ethereum NFTs at the end of May or early June. Here, holders made incoherent groaning sounds in late-night Twitter spaces. They also role-played as urine-loving Goblin creatures.
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