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SEC Depositions Shed Light on Telegram's $1.7B Token Sale

Newly released transcripts of the SEC’s depositions of Telegram executives offer a rare window into the logic and the mechanics behind its $1.7 billion token sale.

By Anna Baydakova

Updated Dec 10, 2022, 8:24 p.m. Published Jan 22, 2020, 7:40 p.m.

TALE OF THE TAPE: “If I see that Telegram needs more resources, I would happily invest more because I'm a person that prefers not to own any real estate,” CEO Pavel Durov said during his deposition. (Image via Shutterstock)