ˢᵖᵃᵐ🇶ᵤₑₗₗᵢ🇩ₑᵢ🇬ᵤₐdₐgₙᵢ ʳᵉᶠᵉʳʳᵃˡ
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ˢᵖᵃᵐ🇶ᵤₑₗₗᵢ🇩ₑᵢ🇬ᵤₐdₐgₙᵢ ʳᵉᶠᵉʳʳᵃˡ Telegram | DID YOU KNOW?
Date: | ˢᵖᵃᵐ🇶ᵤₑₗₗᵢ🇩ₑᵢ🇬ᵤₐdₐgₙᵢ ʳᵉᶠᵉʳʳᵃˡ
NEWS 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. Perpetrators of such fraud use various marketing techniques to attract subscribers on their social media channels. The next bit isn’t clear, but Durov reportedly claimed that his resignation, dated March 21st, was an April Fools’ prank. TechCrunch implies that it was a matter of principle, but it’s hard to be clear on the wheres, whos and whys. Similarly, on April 17th, the Moscow Times quoted Durov as saying that he quit the company after being pressured to reveal account details about Ukrainians protesting the then-president Viktor Yanukovych. Either way, Durov says that he withdrew his resignation but that he was ousted from his company anyway. Subsequently, control of the company was reportedly handed to oligarchs Alisher Usmanov and Igor Sechin, both allegedly close associates of Russian leader Vladimir Putin.
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