#10-Day Posting Challenge According to Cointelegraph: Telegram, the popular messaging application founded by Pavel Durov, reportedly held $400 million in digital assets by the end of 2023, according to the company's financial declaration. This statement came after Durov's latest arrest on August 24, facing multiple charges including terrorism, smuggling, conspiracy, fraud, and money laundering.
Despite having significant crypto assets, Telegram reported a business loss of $108 million for the year ending December 31, 2023 and earned $342.5 million in revenue. Notably, approximately 40% of Te