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Pavel Durov Denies He’s Selling Telegram Following TON Failure

imageCryptocurrency9 hours ago (Aug 05, 2020 01:20PM ET)

Pavel Durov Denies He’s Selling Telegram Following TON Failure

Pavel Durov, CEO of the popular encrypted messaging platform, Telegram, has denied reports that the firm is preparing to sell the company after the failure of Telegram’s blockchain project.

According to an Aug. 5 report by local tech publication iXBT, Russia’s internet company Mail.ru is one of the parties interested in acquiring Telegram. Another is an as yet unidentified Russian billionaire. The information was reportedly shared by Russia-based trader and analyst, Kirill Promzin. As reported by iXBT, Promzin predicted Bitcoin’s 2017 bull run back in 2012, even calling the asset’s eventual high of $20,000.

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Pavel Durov Denies He’s Selling Telegram Following TON Failure

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