𝐓𝐇𝐄 𝐉𝐔𝐍𝐆 𝐅𝐀𝐌𝐒

𝐓𝐇𝐄 𝐉𝐔𝐍𝐆 𝐅𝐀𝐌𝐒

𝐓𝐇𝐄 𝐉𝐔𝐍𝐆 𝐅𝐀𝐌𝐒 Telegram | DID YOU KNOW?

The Russian invasion of Ukraine has been a driving force in markets for the past few weeks. READ MORE 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. Pavel Durov, a billionaire who embraces an all-black wardrobe and is often compared to the character Neo from "the Matrix," funds Telegram through his personal wealth and debt financing. And despite being one of the world's most popular tech companies, Telegram reportedly has only about 30 employees who defer to Durov for most major decisions about the platform. "Your messages about the movement of the enemy through the official chatbot … bring new trophies every day," the government agency tweeted.
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