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FT Report Reveals Telegram’s Heavy Reliance on Cryptocurrency Amid Durov’s Legal Trouble

FT Report Reveals Telegram’s Heavy Reliance on Cryptocurrency Amid Durov’s Legal Trouble


CryptoGlobe
2024-09-02 00:00:00

The Financial Times (FT) recently published a report detailing the financial state of Telegram, the messaging app founded by Russian-born billionaire Pavel Durov, and cryptocurrency’s significant role in its revenue stream. According to the FT report by Robert Smith and Hannah Murphy, which was published on August 30, Telegram’s 2023 financials, which the publication obtained,


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