"There are several million Russians who can lift their head up from propaganda and try to look for other sources, and I'd say that most look for it on Telegram," he said. For tech stocks, “the main thing is yields,” Essaye said. In 2018, Russia banned Telegram although it reversed the prohibition two years later. Some privacy experts say Telegram is not secure enough 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.
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