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. As the broader market downturn continues, yelling online has become the crypto traderโs 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. 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. For crypto enthusiasts, there was the โgmโ app, a self-described โmeme appโ which only allowed users to greet each other with โgm,โ or โgood morning,โ a common acronym thrown around on Crypto Twitter and Discord. But the gm app was shut down back in September after a hacker reportedly gained access to user data. Judge Hui described Ng as inciting others to โcommit a massacreโ with three posts teaching people to make โtoxic chlorine gas bombs,โ target police stations, police quarters and the cityโs metro stations. This offence was โrather serious,โ the court said.
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