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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. Co-founder of NFT renting protocol Rentable World emiliano.eth shared the group Tuesday morning on Twitter, calling out the "degenerate" community, or crypto obsessives that engage in high-risk trading. “Hey degen, are you stressed? Just let it all out,” he wrote, along with a link to join the group. Telegram users themselves will be able to flag and report potentially false content. As five out of seven counts were serious, Hui sentenced Ng to six years and six months in jail.
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