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With Bitcoin down 30% in the past week, some crypto traders have taken to Telegram to “voice” their feelings. A vandalised bank during the 2019 protest. File photo: May James/HKFP. Just at this time, Bitcoin and the broader crypto market have dropped to new 2022 lows. The Bitcoin price has tanked 10 percent dropping to $20,000. On the other hand, the altcoin space is witnessing even more brutal correction. Bitcoin has dropped nearly 60 percent year-to-date and more than 70 percent since its all-time high in November 2021. On June 7, Perekopsky met with Brazilian President Jair Bolsonaro, an avid user of the platform. According to the firm's VP, the main subject of the meeting was "freedom of expression." As five out of seven counts were serious, Hui sentenced Ng to six years and six months in jail.
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