Deep Tide TechFlow News, on January 7th, Telegram founder Pavel Durov stated on social media that despite some panic, uncertainty, and skepticism (FUD), Telegram does not rely on Russian capital. He pointed out that none of the 1.7 billion USD bonds recently issued by the company involved Russian investors. The old bonds issued in 2021 have been mostly repaid and pose no issue. Bondholders are not equivalent to shareholders, and he himself is the sole shareholder of Telegram.
Earlier reports, the Financial Times reported that Telegram's 500 million USD bonds in Russia were frozen by the national settlement depository due to Western sanctions against Russia.
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Deep Tide TechFlow News, on January 7th, Telegram founder Pavel Durov stated on social media that despite some panic, uncertainty, and skepticism (FUD), Telegram does not rely on Russian capital. He pointed out that none of the 1.7 billion USD bonds recently issued by the company involved Russian investors. The old bonds issued in 2021 have been mostly repaid and pose no issue. Bondholders are not equivalent to shareholders, and he himself is the sole shareholder of Telegram.
Earlier reports, the Financial Times reported that Telegram's 500 million USD bonds in Russia were frozen by the national settlement depository due to Western sanctions against Russia.