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It’s yet another bloodbath on Satoshi Street. As of press time, Bitcoin (BTC) and the broader cryptocurrency market have corrected another 10 percent amid a massive sell-off. Ethereum (EHT) is down a staggering 15 percent moving close to $1,000, down more than 42 percent on the weekly chart. The imprisonment came as Telegram said it was "surprised" by claims that privacy commissioner Ada Chung Lai-ling is seeking to block the messaging app due to doxxing content targeting police and politicians. The administrator of a telegram group, "Suck Channel," was sentenced to six years and six months in prison for seven counts of incitement yesterday. Read now As of Thursday, the SUCK Channel had 34,146 subscribers, with only one message dated August 28, 2020. It was an announcement stating that police had removed all posts on the channel because its content “contravenes the laws of Hong Kong.”
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