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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 βBear Market Screaming Therapy Groupβ on Telegram. Ng, who had pleaded not guilty to all charges, had been detained for more than 20 months. His channel was said to have contained around 120 messages and photos that incited others to vandalise pro-government shops and commit criminal damage targeting police stations. 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. Matt Hussey, editorial director of NEAR Protocol (and former editor-in-chief of Decrypt) responded to the news of the Telegram group with β#meIRL.β Earlier, crypto enthusiasts had created a self-described βmeme appβ dubbed βgmβ app wherein users would greet each other with βgmβ or βgood morningβ messages. However, in September 2021, the gm app was down after a hacker reportedly gained access to the user data.
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