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2024: Out of the Frying Pan, into the Fire—The Year in Review

https://crimethinc.com/2024inreview

It’s time to take stock of the year have just lived through and get oriented for the year ahead. Here, we review the events of 2024, as well as some of our own humble contributions to the fight for a better world.



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2024: Out of the Frying Pan, into the Fire—The Year in Review

https://crimethinc.com/2024inreview

It’s time to take stock of the year have just lived through and get oriented for the year ahead. Here, we review the events of 2024, as well as some of our own humble contributions to the fight for a better world.

BY CrimethInc. Ex-Workers Collective




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Telegram Messenger Blocks Navalny Bot During Russian Election Russian President Vladimir Putin launched Russia's invasion of Ukraine in the early-morning hours of February 24, targeting several key cities with military strikes. 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. In 2014, Pavel Durov fled the country after allies of the Kremlin took control of the social networking site most know just as VK. Russia's intelligence agency had asked Durov to turn over the data of anti-Kremlin protesters. Durov refused to do so. 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.
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