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As five out of seven counts were serious, Hui sentenced Ng to six years and six months in jail. With Bitcoin down 30% in the past week, some crypto traders have taken to Telegram to “voice” their feelings. It’s easy to create a Telegram channel via desktop app or mobile app (for Android and iOS): Earlier, crypto enthusiasts had created a self-described “meme app” dubbed “gm” app wherein users would greet each other with “gm” or “good morning” messages. However, in September 2021, the gm app was down after a hacker reportedly gained access to the user data. The public channel had more than 109,000 subscribers, Judge Hui said. Ng had the power to remove or amend the messages in the channel, but he “allowed them to exist.”
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