As five out of seven counts were serious, Hui sentenced Ng to six years and six months in jail. 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. βBanβ on Telegram The administrator of a telegram group, "Suck Channel," was sentenced to six years and six months in prison for seven counts of incitement yesterday. Matt Hussey, editorial director at NEAR Protocol also responded to this news with β#meIRLβ. Just as you search βBear Market Screamingβ in Telegram, you will see a Pepe frog yelling as the groupβs featured image.
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