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Russian Court Bans Telegram on Heels of $1.7 Billion ICO

A Russian court has levied an official ban against messaging app Telegram, just weeks after its initial coin offering (ICO) presale raised nearly $2 billion in two private funding rounds. Tagansky court judge Yuliya Smolina ruled against Telegram on Friday, siding with communications regulator Roskomnadzor’s request for the authorization to block access to the app
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