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The company had previously planned to sell its assets to private equity firm Nexus Capital Management, but that deal is no longer expected to proceed, according to Big Lots. Although the company continues to negotiate with Nexus as well as explore other strategic alternatives, it now plans to shutter all of its locations and is planning to host "going out of business" sales at all stores.



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The company had previously planned to sell its assets to private equity firm Nexus Capital Management, but that deal is no longer expected to proceed, according to Big Lots. Although the company continues to negotiate with Nexus as well as explore other strategic alternatives, it now plans to shutter all of its locations and is planning to host "going out of business" sales at all stores.

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Recently, Durav wrote on his Telegram channel that users' right to privacy, in light of the war in Ukraine, is "sacred, now more than ever." Since January 2022, the SC has received a total of 47 complaints and enquiries on illegal investment schemes promoted through Telegram. These fraudulent schemes offer non-existent investment opportunities, promising very attractive and risk-free returns within a short span of time. They commonly offer unrealistic returns of as high as 1,000% within 24 hours or even within a few hours. Telegram, which does little policing of its content, has also became a hub for Russian propaganda and misinformation. Many pro-Kremlin channels have become popular, alongside accounts of journalists and other independent observers. The gold standard of encryption, known as end-to-end encryption, where only the sender and person who receives the message are able to see it, is available on Telegram only when the Secret Chat function is enabled. Voice and video calls are also completely encrypted. During the operations, Sebi officials seized various records and documents, including 34 mobile phones, six laptops, four desktops, four tablets, two hard drive disks and one pen drive from the custody of these persons.
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