CoinJie News on January 6 reported that according to the UK Financial Times, Telegram's $500 million bond in Russia has been frozen by the state settlement depository due to Western sanctions against Russia, despite founder Pavel Durov's efforts to distance himself from Moscow. This action poses an obstacle to its debt repurchase and has raised investor concerns. Telegram still plans to repay the relevant debt on schedule, and its revenue for the recent half-year increased 65% year-over-year to $870 million, but it suffered a net loss of $222 million due to Toncoin depreciation. Telegram is promoting Ton ecosystem integration and preparing for an IPO.
CoinJie News on January 6 reported that according to the UK Financial Times, Telegram's $500 million bond in Russia has been frozen by the state settlement depository due to Western sanctions against Russia, despite founder Pavel Durov's efforts to distance himself from Moscow. This action poses an obstacle to its debt repurchase and has raised investor concerns. Telegram still plans to repay the relevant debt on schedule, and its revenue for the recent half-year increased 65% year-over-year to $870 million, but it suffered a net loss of $222 million due to Toncoin depreciation. Telegram is promoting Ton ecosystem integration and preparing for an IPO.