Telegram has reported significant financial growth in the first half of 2024, with revenue reaching $525 million, driven by strong performance in cryptocurrency holdings. This is despite ongoing legal challenges facing its CEO, Pavel Durov.
What Happened: Telegram’s financial disclosures indicate that the company has benefited from the rising value of its cryptocurrency holdings, which have grown to $1.3 billion, reported Financial Times, citing the company's unaudited financial statements.
