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Market
Will Telegram be found to have underreported user numbers under the Digital Services Act by December 31, 2024?
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Resolution / Starting Odds
Yes • 50%
No • 50%
Official announcement from the European Commission or reliable news sources such as Financial Times
Story
EU Probes Telegram for Underreporting 41M Users Under Digital Services Act
Aug 29, 2024, 06:36 AM
The European Commission has launched a technical investigation into Telegram over allegations of underreporting user numbers to avoid compliance with the Digital Services Act (DSA). The Financial Times reports that the probe focuses on whether Telegram inaccurately reported having 41 million users in the EU, just below the 45 million threshold that triggers additional regulatory requirements. If found in breach, Telegram could face significant penalties and increased oversight as a 'very large online platform.' The investigation adds pressure on Telegram amid broader scrutiny of digital platforms' adherence to EU regulations. Additionally, French authorities are investigating alleged criminality, while Telegram's founder, Pavel Durov, has stated he is 'hiding nothing.'
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No action taken • 25%
Warning issued • 25%
Fine imposed • 25%
Service restrictions • 25%
Yes • 50%
No • 50%
Increase by more than 10% • 25%
Increase by less than 10% • 25%
Decrease by less than 10% • 25%
Decrease by more than 10% • 25%
Yes • 50%
No • 50%