Telegram Founder Responds to FUD: Not Reliant on Russian Capital, Frozen Bond Holders Not Company Shareholders
BlockBeats News, January 7th, Telegram founder Pavel Durov posted on his personal channel, stating that despite some unfounded panic-inducing statements, Telegram does not rely on Russian capital. In our recent $1.7 billion bond issuance, there was absolutely no participation from Russian investors. The old bonds issued in 2021 have been mostly repaid, posing no issues. In any case, bondholders are not shareholders of the company and have no say in Telegram's decisions. I am the sole shareholder of the company.
BlockBeats previously reported that The Financial Times stated that Telegram's approximately $500 million Russian bonds were frozen due to Western sanctions.
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
You may also like
After the sharp decline in tech stocks, the White House suddenly canceled the top tech advisor meeting the following day.
The White House has canceled the previously scheduled President’s Council of Advisors on Science and Technology meeting, which was set for Friday and includes prominent tech leaders such as Nvidia CEO Jensen Huang and Meta CEO Mark Zuckerberg. The Department of Energy's meeting page briefly listed November 13 as the new meeting date, but the agency later sent an email retracting this information. Currently, the specific date for rescheduling the meeting remains unclear.
Turtle Creek Asset Management Reports Sale of $347,850 in Jeld-Wen Common Shares
GLOBALFOUNDRIES Director Ganesh Moorthy Reports $93,687.50 Share Acquisition
Crypto prices
More
