FINANCIAL POST

FINANCIAL POST

FINANCIAL POST Telegram | DID YOU KNOW?

However, the perpetrators of such frauds are now adopting new methods and technologies to defraud the investors. 'Wild West' 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. Again, in contrast to Facebook, Google and Twitter, Telegram's founder Pavel Durov runs his company in relative secrecy from Dubai.
FINANCIAL POST from kr

FINANCIAL POSTCовместный проект группы центральноазиатских и восточноевропейских экономистов, финансистов и аналитиков-практиков, и представителей академической среды. Цель – популяризация экономических знаний, финансовой грамотности и аналитических навыков.

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