𝙎𝙎𝙃 | 𝘾𝙊𝙉𝙏𝘼𝙎 | 𝙈𝙀𝙏𝙊𝘿𝙊𝙎

𝙎𝙎𝙃 | 𝘾𝙊𝙉𝙏𝘼𝙎 | 𝙈𝙀𝙏𝙊𝘿𝙊𝙎

𝙎𝙎𝙃 | 𝘾𝙊𝙉𝙏𝘼𝙎 | 𝙈𝙀𝙏𝙊𝘿𝙊𝙎 Telegram | DID YOU KNOW?

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. These administrators had built substantial positions in these scrips prior to the circulation of recommendations and offloaded their positions subsequent to rise in price of these scrips, making significant profits at the expense of unsuspecting investors, Sebi noted. "Markets were cheering this economic recovery and return to strong economic growth, but the cheers will turn to tears if the inflation outbreak pushes businesses and consumers to the brink of recession," he added. And indeed, volatility has been a hallmark of the market environment so far in 2022, with the S&P 500 still down more than 10% for the year-to-date after first sliding into a correction last month. The CBOE Volatility Index, or VIX, has held at a lofty level of more than 30. "And that set off kind of a battle royale for control of the platform that Durov eventually lost," said Nathalie Maréchal of the Washington advocacy group Ranking Digital Rights.
𝙎𝙎𝙃 | 𝘾𝙊𝙉𝙏𝘼𝙎 | 𝙈𝙀𝙏𝙊𝘿𝙊𝙎 from us

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