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“[The defendant] could not shift his criminal liability,” Hui said. 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. The court said the defendant had also incited people to commit public nuisance, with messages calling on them to take part in rallies and demonstrations including at Hong Kong International Airport, to block roads and to paralyse the public transportation system. Various forms of protest promoted on the messaging platform included general strikes, lunchtime protests and silent sit-ins. As the broader market downturn continues, yelling online has become the crypto trader’s latest coping mechanism after the rise of Goblintown Ethereum NFTs at the end of May and beginning of June, where holders made incoherent groaning sounds and role-played as urine-loving goblin creatures in late-night Twitter Spaces. As five out of seven counts were serious, Hui sentenced Ng to six years and six months in jail.
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