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TERROR IN THE DIGITAL VAULT! You Won’t Believe the Jaw-Dropping Amount of Crypto That’s LITERALLY WORTH NOTHING!

A cartoonish illustration of a digital vault with a massive padlock on it, but instead of being secure and locked away, the lock is broken and hanging off its hinges, revealing an empty space inside where $400 million in crypto assets were supposedly stored. A faint image of Pavel Durov's face can be seen in the background, looking worried as he stands outside the vault with his arms crossed.

The Cryptocurrency Circus: Telegram’s $400 Million Bet on Nothing.

Source: cointelegraph

The popular messaging app Telegram, whose CEO Pavel Durov was arrested on Aug. 24, reportedly held $400 million in digital assets as of the end of last year, according to the company’s 2023 financial statement. The app had around four million premium users at the close of 2023, a number that has grown to over five million today. Telegram posted an operating loss of $108 million during the year ended […]

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