With Bitcoin down 30% in the past week, some crypto traders have taken to Telegram to βvoiceβ their feelings. 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. βHey degen, are you stressed? Just let it all out,β he wrote, along with a link to join the group. The groupβs featured image is of a Pepe frog yelling, often referred to as the βREEEEEEEβ meme. Pepe the Frog was created back in 2005 by Matt Furie and has since become an internet symbol for meme culture and βdegenβ culture. 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 βallowed them to exist.β
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