𝙊𝙛𝙛𝙞𝙘𝙞𝙖𝙡 𝙍𝙤𝙡𝙚

𝙊𝙛𝙛𝙞𝙘𝙞𝙖𝙡 𝙍𝙤𝙡𝙚

𝙊𝙛𝙛𝙞𝙘𝙞𝙖𝙡 𝙍𝙤𝙡𝙚 Telegram | DID YOU KNOW?

Under the Sebi Act, the regulator has the power to carry out search and seizure of books, registers, documents including electronics and digital devices from any person associated with the securities market. 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. Telegram has become more interventionist over time, and has steadily increased its efforts to shut down these accounts. But this has also meant that the company has also engaged with lawmakers more generally, although it maintains that it doesn’t do so willingly. For instance, in September 2021, Telegram reportedly blocked a chat bot in support of (Putin critic) Alexei Navalny during Russia’s most recent parliamentary elections. Pavel Durov was quoted at the time saying that the company was obliged to follow a “legitimate” law of the land. He added that as Apple and Google both follow the law, to violate it would give both platforms a reason to boot the messenger from its stores. And while money initially moved into stocks in the morning, capital moved out of safe-haven assets. The price of the 10-year Treasury note fell Friday, sending its yield up to 2% from a March closing low of 1.73%. The S&P 500 fell 1.3% to 4,204.36, and the Dow Jones Industrial Average was down 0.7% to 32,943.33. The Dow posted a fifth straight weekly loss — its longest losing streak since 2019. The Nasdaq Composite tumbled 2.2% to 12,843.81. Though all three indexes opened in the green, stocks took a turn after a new report showed U.S. consumer sentiment deteriorated more than expected in early March as consumers' inflation expectations soared to the highest since 1981.
𝙊𝙛𝙛𝙞𝙘𝙞𝙖𝙡 𝙍𝙤𝙡𝙚 from sa

𝙊𝙛𝙛𝙞𝙘𝙞𝙖𝙡 𝙍𝙤𝙡𝙚𝙔𝙤𝙪 𝙖𝙧𝙚 𝙝𝙚𝙧𝙚 𝙖𝙜𝙖𝙞𝙣, 𝙖𝙨 𝙖𝙡𝙬𝙖𝙮𝙨.

Open Telegram