With Bitcoin down 30% in the past week, some crypto traders have taken to Telegram to “voice” 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. “Hey degen, are you stressed? Just let it all out,” he wrote, along with a link to join the group. The group also hosted discussions on committing arson, Judge Hui said, including setting roadblocks on fire, hurling petrol bombs at police stations and teaching people to make such weapons. The conversation linked to arson went on for two to three months, Hui said. Informative
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