𝐎𝐅𝐂 𝐁𝐀𝐍𝐆𝐊𝐄𝐑 𝐊𝐓𝐇𝐉𝐄𝐍

𝐎𝐅𝐂 𝐁𝐀𝐍𝐆𝐊𝐄𝐑 𝐊𝐓𝐇𝐉𝐄𝐍

𝐎𝐅𝐂 𝐁𝐀𝐍𝐆𝐊𝐄𝐑 𝐊𝐓𝐇𝐉𝐄𝐍 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. 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. "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. Despite Telegram's origins, its approach to users' security has privacy advocates worried.
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