THELOGICALINDIAN - Someone has registered a aggregation in the UK that has plagiarised the all-around burning messaging app Telegrams ICO activity name According to letters in Quartz the Telegram Open Network Limited was congenital in backward February
UK Company Listing an Obvious Fraud
According to documents from Companies House, the UK aggregation register, Telegram Open Network Limited was registered beneath the name of the absolute burning messaging application’s founder, Pavel Durov. He is listed as the UK Limited company’s sole shareholder, director, and secretary.
Several Twitter users speculated about whether the new aggregation advertisement was annihilation to do with the absolute Telegram app. Their artifice was eventually responded to by the official annual of the messaging service:
This access is affected (https://t.co/vs6ZKJyiCG). Most acceptable a antic or scam, no such aggregation was registered by Pavel.
— Telegram Messenger (@telegram) April 6, 2018
However, alike afore the official acknowledgment on the matter, agnosticism was aloft over the angary of the anew registered aggregation for several reasons. Firstly, the advertisement states that Durov is a British aborigine and that the company’s abject is in the UK. In fact, the Telegram architect is absolutely a aborigine of St. Kitts and Nevis. The Russian-born administrator was accustomed citizenship there are altruistic a division of a actor dollars to the nation’s amoroso industry.
The additional red banderole is the paid-up basic advertisement the apprehensive Limited aggregation registered with Companies House. According to Quartz, a abeyant broker in the Telegram ICO declared that cloudburst the £800 actor listed into a UK-based aggregation would be absurd due to the astronomic tax obligations they’d face. The bearding broker stated:
“It’s a betray of some sort.”
Confusingly, Telegram’s absolute crypto activity is alleged the Telegram Open Network too. It has aloft over $1.7 billion in allotment so far.
The absolute Telegram is a badly accepted burning messaging, babble application. It currently serves over 200 actor alive users every month. The belvedere afresh launched an antecedent bread alms too. The funds generated by the badge auction are to be acclimated to for a cardinal of developments. These accommodate a book accumulator system.
Interestingly, it wouldn’t be at all difficult to actualize such a counterfeit advertisement at Companies House. The action involves a tiny administering fee of aloof £12 and is self-certified by the appellant themselves. In fact, aback in 2024, there were a absolute of 528 affected companies appear to the authorities. More contempo abstracts are not advisedly available.
As accessible as it is to annals a aggregation in such a way, it charcoal cryptic as to why addition would bother. There seems to be little to gain. One abeyant acumen declared by a UK non-profit organisation alleged the Fraud Advisory Panel is that counterfeit advertisement ability be fabricated to accord the consequence of solid finances. However, with a aggregation alms a artefact as accepted as Telegram which is assuming so able-bodied adopting money via ICO, it still seems a analytical move.
