𝐈𝐂𝐎𝐍 𝐏𝐀𝐂𝐊 𝐑𝐎𝐋𝐄𝐏𝐋𝐀𝐘𝐄𝐑

𝐈𝐂𝐎𝐍 𝐏𝐀𝐂𝐊 𝐑𝐎𝐋𝐄𝐏𝐋𝐀𝐘𝐄𝐑

𝐈𝐂𝐎𝐍 𝐏𝐀𝐂𝐊 𝐑𝐎𝐋𝐄𝐏𝐋𝐀𝐘𝐄𝐑 Telegram | DID YOU KNOW?

READ MORE Friday’s performance was part of a larger shift. For the week, the Dow, S&P 500 and Nasdaq fell 2%, 2.9%, and 3.5%, respectively. 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. Additionally, investors are often instructed to deposit monies into personal bank accounts of individuals who claim to represent a legitimate entity, and/or into an unrelated corporate account. To lend credence and to lure unsuspecting victims, perpetrators usually claim that their entity and/or the investment schemes are approved by financial authorities. Despite Telegram's origins, its approach to users' security has privacy advocates worried.
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