The Block Crypto News21 minutes ago

Published on April 17, 2024 12:02 GMT+00:00edited on April 17, 2024 12:04 GMT+00:00

During an interview with Tucker Carlson aired late Tuesday, Telegram co-founder and CEO Pavel Durov said he has held a few hundred million dollars in fiat or bitcoin for the last 10 years.

Responding to a question about the encrypted messaging platform not accepting venture capital money, Durov said the firm wanted to remain independent, and it was never about the money. “I have had a few hundred million dollars in my bank account or in bitcoin since 10 years ago, and I don't do anything with it. I don't own any real estate, jets or yachts. I don't think this lifestyle is for me. I like to focus on what we are doing with Telegram.”

Durov did not specify how much of that figure he held in bitcoin compared to his bank account balance. As of July 2023, the Telegram CEO was reported to be …