Bankster Crime

Exposing Fraud in the Banking System

Featured Story

By BanksterCrime Telegram Will Share User Data with Governments Following CEO’s Arrest
These adjustments follow the arrest of the app’s CEO, Pavel Durov, in France last month.

Changes to Telegram’s privacy restrictions were substantial on Monday.

In the event that the app detects possible illegal activity, it will now notify the appropriate authorities by sharing information such as the user's phone number and IP address.


The arrest of Pavel Durov, CEO of Telegram, in France last month prompted the modifications.

In a Monday post, Telegram CEO Pavel Durov said that the company had made substantial adjustments to its terms of service.

In accordance with the new privacy standards, Telegram will now provide judicial authorities with a user’s IP address and phone number in the event that criminal activity is being investigated.

After Bloomberg broke the news of the modifications, the value of Toncoin (TON), a cryptocurrency related to Telegram, fell by around 1%.

These alterations follow Durov’s arrest in France last month on charges that his firm enabled app abuse for illicit purposes, such as drug trafficking, CSAM distribution, and fraud.

In an app post following his arrest, the Russian-born individual stated, “establishing the right balance between privacy and security is not easy.” He also pledged adjustments. In a move aimed at preventing bots and scammers, Telegram disabled the ability to upload new media earlier this month.

The app had previously revealed that such information would only be shared in the event that a user was suspected of terrorism, but Monday’s developments make a clear break from that.

Russian authorities sought to ban Telegram in 2018, which prompted Durov to relocate to Europe. The software is among the most popular chat apps available. Though it is not turned on by default, Telegram does allow encrypted messaging.

The 39-year-old, who has consistently rejected the allegations, has been directed to remain in France until the investigation concludes. At this time, he is free on bond.

Loading

Don't Miss

JPMorgan’s Role in Nigerian Oil Deal Has Come Back to Haunt It

By StevieRay Hansen

It’s important to realize that there is a difference between self-interest and selfishness. All people have self-interests which can operate in ways that are not…

Read More

Is This a Warning Sign,Bancorpsouth Bank (NYSE:BXS) Downgraded by ValuEngine

By Editorial Opinions

Greed is a strong and selfish desire to have more of something, most often money or power. There are many warnings in the Bible about…

Read More

Second ex Barclays banker convicted in London Euribor re-trial

By StevieRay Hansen

It is the love of money, and not money itself, that is the problem. The love of money is a sin because it gets in…

Read More

Michael Avenatti fraud case shines a light on bankers, lawyers and money in Biloxi

By StevieRay Hansen

Why is the love of money a root of all kinds of evil? To help us answer this, we must look at the passage in…

Read More

Wells Fargo is the smallest of the four giants that now dominate the U.S. commercial banking business

By StevieRay Hansen

But it has surpassed its larger counterparts in the extent to which it has been embroiled in a series of scandals involving reckless lending practices…

Read More
Posted in

StevieRay Hansen

In his riveting memoir, "A Long Journey Home", StevieRay Hansen will lead you through his incredible journey from homeless kid to multimillionaire oilman willing to give a helping hand to other throwaway kids. Available on Amazon.

LEAVE A RESPONSE

Your email address will not be published. Required fields are marked *