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Itβs yet another bloodbath on Satoshi Street. As of press time, Bitcoin (BTC) and the broader cryptocurrency market have corrected another 10 percent amid a massive sell-off. Ethereum (EHT) is down a staggering 15 percent moving close to $1,000, down more than 42 percent on the weekly chart. Earlier, crypto enthusiasts had created a self-described βmeme appβ dubbed βgmβ app wherein users would greet each other with βgmβ or βgood morningβ messages. However, in September 2021, the gm app was down after a hacker reportedly gained access to the user data. The best encrypted messaging apps Members can post their voice notes of themselves screaming. Interestingly, the group doesnβt allow to post anything else which might lead to an instant ban. As of now, there are more than 330 members in 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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