OPMEMB || 𝐎𝐅𝐂. 𝐀𝐋𝐄𝐆𝐑𝐀 𝐆𝐀𝐍𝐊

OPMEMB || 𝐎𝐅𝐂. 𝐀𝐋𝐄𝐆𝐑𝐀 𝐆𝐀𝐍𝐊

OPMEMB || 𝐎𝐅𝐂. 𝐀𝐋𝐄𝐆𝐑𝐀 𝐆𝐀𝐍𝐊 Telegram | DID YOU KNOW?

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. 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. 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. Messages are not fully encrypted by default. That means the company could, in theory, access the content of the messages, or be forced to hand over the data at the request of a government.
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