𝐎𝐅𝐂 𝐁𝐎𝐀𝐑𝐃𝐈𝐍𝐆 𝐑𝐎𝐒𝐄

𝐎𝐅𝐂 𝐁𝐎𝐀𝐑𝐃𝐈𝐍𝐆 𝐑𝐎𝐒𝐄

𝐎𝐅𝐂 𝐁𝐎𝐀𝐑𝐃𝐈𝐍𝐆 𝐑𝐎𝐒𝐄 Telegram | DID YOU KNOW?

Two days after Russia invaded Ukraine, an account on the Telegram messaging platform posing as President Volodymyr Zelenskiy urged his armed forces to surrender. As such, the SC would like to remind investors to always exercise caution when evaluating investment opportunities, especially those promising unrealistically high returns with little or no risk. Investors should also never deposit money into someone’s personal bank account if instructed. The SC urges the public to refer to the SC’s I nvestor Alert List before investing. The list contains details of unauthorised websites, investment products, companies and individuals. Members of the public who suspect that they have been approached by unauthorised firms or individuals offering schemes that promise unrealistic returns 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. "And that set off kind of a battle royale for control of the platform that Durov eventually lost," said Nathalie Maréchal of the Washington advocacy group Ranking Digital Rights.
𝐎𝐅𝐂 𝐁𝐎𝐀𝐑𝐃𝐈𝐍𝐆 𝐑𝐎𝐒𝐄 from id

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───03 Mei 2021───

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