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. In handing down the sentence yesterday, deputy judge Peter Hui Shiu-keung of the district court said that even if Ng did not post the messages, he cannot shirk responsibility as the owner and administrator of such a big group for allowing these messages that incite illegal behaviors to exist. Telegram is a leading cloud-based instant messages platform. It became popular in recent years for its privacy, speed, voice and video quality, and other unmatched features over its main competitor Whatsapp. With the “Bear Market Screaming Therapy Group,” we’ve now transcended language. 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.
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