With Bitcoin down 30% in the past week, some crypto traders have taken to Telegram to “voice” their feelings. “[The defendant] could not shift his criminal liability,” Hui said. Unlimited number of subscribers per channel “Hey degen, are you stressed? Just let it all out,” he wrote, along with a link to join the group. 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.
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