WHILE TELEGRAM'S FUNDING IS WORKING...steemCreated with Sketch.

in crypto •  7 years ago 

A Moscow court ordered telecommunications companies to block Telegram in Russia after the chat app refused to grant intelligence authorities access to users’ encrypted messages, in a blow to the company just weeks after it raised $1.7 billion from investors.

Telegram Group Inc., run by its Russian founder Pavel Durov, failed to comply with local legislation, according to the ruling Friday by Tagansky court judge Yuliya Smolina that granted a request by Russian communications regulator Roskomnadzor to restrict user access with immediate effect. The decision can be appealed within 30 days.

Telegram will be using built-in methods to bypass the block, Durov told Russian users on his page on the VK.com social network after the ruling. The company is insulated from the power that local governments typically have over IT companies because it has the “luxury of not caring about revenue streams or ad sales,” Durov said in a message posted on his Telegram channel.

The Virgin Islands-registered company has over 9.5 million users in Russia, according to researcher Mediascope. Telegram said last month its total audience globally surpassed 200 million users, driven by attention for the world’s largest initial coin offering, which raised funds to create a blockchain network that processes transactions many times faster, and has a built-in cryptocurrency for Telegram users.

DUROV SAYS:
Threats to block Telegram unless it gives up private data of its users won't bear fruit. Telegram will stand for freedom and privacy.telegram-coin.png

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Wonderful post ..thanks for sharing...Best of luck friend ✫

Wonderful post ..thanks for sharing...Best of luck friend ✫