Telegram Founder Clarifies Company's Capital Structure and Russian Ties

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On January 7, Telegram founder Pavel Durov addressed market concerns, clarifying that the company's capital structure has no ties to Russia. He stated that the recent $1.7 billion bond issuance excluded Russian investors. Durov also mentioned that the 2021 bonds are largely repaid and do not currently pose any risk. He emphasized that bondholders are not shareholders and that he remains the sole owner of the company. As market sentiment shifts, traders are closely watching the fear and greed index and alternative cryptocurrencies for potential opportunities.

Odaily Planet News: On January 7, Telegram founder Pavel Durov posted on the X platform to respond to recent FUD (fear, uncertainty, and doubt) surrounding Telegram. Durov stated that Telegram has no connection to Russia in terms of its capital structure, and that "there were absolutely no Russian investors" involved in its recent $1.7 billion bond issuance.

He further pointed out that the old bonds issued by Telegram in 2021 have been largely repaid and do not pose a current risk. At the same time, he emphasized that bondholders are not equivalent to company shareholders, and that he remains the sole shareholder of Telegram. There is no direct relationship between the bonds and equity.

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