Telegram Founder Responds to Market Doubts: Company's Capital Structure Has No Ties to Russia

Odaily News Telegram founder Pavel Durov posted on the X platform on January 7th, responding to recent FUD surrounding Telegram. Durov stated that Telegram has no capital structure ties to Russia, and there were "absolutely no Russian investors" involved in its recent $1.7 billion bond issuance.

He further pointed out that the old debt issued by Telegram in 2021 has been largely repaid and does not constitute a current risk. He also emphasized that bondholders are not equivalent to company shareholders; currently, the sole shareholder of Telegram remains Durov himself, and there is no direct relationship between the bonds and equity.