Telegram's $500 million in Russian bonds have been frozen by the national settlement depository due to Western sanctions against Russia, according to the Financial Times. This development complicates Telegram's debt buyback plans and raises investor concerns, despite founder Pavel Durov's efforts to distance the company from Moscow. Despite the setback, Telegram remains committed to repaying its debts on schedule. The company reported a 65% year-on-year revenue increase to $870 million over the past six months, although it incurred a net loss of $222 million due to the devaluation of Toncoin. Telegram is actively working on integrating the Ton ecosystem and is preparing for an initial public offering (IPO).