[OPEN BOOK]𝐋𝐔𝐗𝐔𝐑𝐘 𝐄𝐍𝐓𝐄𝐑𝐏𝐑𝐈𝐒𝐄 𝐖𝐄𝐃𝐃𝐈𝐍𝐆 𝐎𝐑𝐆𝐀𝐍𝐈𝐙𝐄𝐑

[OPEN BOOK]𝐋𝐔𝐗𝐔𝐑𝐘 𝐄𝐍𝐓𝐄𝐑𝐏𝐑𝐈𝐒𝐄 𝐖𝐄𝐃𝐃𝐈𝐍𝐆 𝐎𝐑𝐆𝐀𝐍𝐈𝐙𝐄𝐑

[OPEN BOOK]𝐋𝐔𝐗𝐔𝐑𝐘 𝐄𝐍𝐓𝐄𝐑𝐏𝐑𝐈𝐒𝐄 𝐖𝐄𝐃𝐃𝐈𝐍𝐆 𝐎𝐑𝐆𝐀𝐍𝐈𝐙𝐄𝐑 Telegram | DID YOU KNOW?

At the start of 2018, the company attempted to launch an Initial Coin Offering (ICO) which would enable it to enable payments (and earn the cash that comes from doing so). The initial signals were promising, especially given Telegram’s user base is already fairly crypto-savvy. It raised an initial tranche of cash – worth more than a billion dollars – to help develop the coin before opening sales to the public. Unfortunately, third-party sales of coins bought in those initial fundraising rounds raised the ire of the SEC, which brought the hammer down on the whole operation. In 2020, officials ordered Telegram to pay a fine of $18.5 million and hand back much of the cash that it had raised. This provided opportunity to their linked entities to offload their shares at higher prices and make significant profits at the cost of unsuspecting retail investors. And while money initially moved into stocks in the morning, capital moved out of safe-haven assets. The price of the 10-year Treasury note fell Friday, sending its yield up to 2% from a March closing low of 1.73%. Right now the digital security needs of Russians and Ukrainians are very different, and they lead to very different caveats about how to mitigate the risks associated with using Telegram. For Ukrainians in Ukraine, whose physical safety is at risk because they are in a war zone, digital security is probably not their highest priority. They may value access to news and communication with their loved ones over making sure that all of their communications are encrypted in such a manner that they are indecipherable to Telegram, its employees, or governments with court orders. In the United States, Telegram's lower public profile has helped it mostly avoid high level scrutiny from Congress, but it has not gone unnoticed.
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