Telegram's financial future is in question as its CEO faces criminal charges . Its not always about just a $TON coin or $NOT or even $DOGS )) 

The actions of the French authorities against Pavel Durov are disrupting the IPO plans and causing bondholders to suffer large losses over 500m. 

Telegram is wholly owned by Durov, who owns a significant cryptocurrency fortune, but the company has raised about $2.4 billion in debt financing due in 2026.