AlphaTON Capital: A “Midnight” Deal
February 5, 2026
Another Telegram Notes’ post is available.
In my “Telegram Notes” information service, I posted a story about AlphaTON’s paying the Midnight Foundation to add additional security to the “to be” Telegram AI mining service. If you want to read that essay, you can find it at this location. Frankly I was not sure to make of this announcement. The rhetoric seemed to suggest that this was a big deal and a revenue win for AlphaTON Capital. On the other hand, it sure seems like AlphaTON Capital is paying the Midnight Foundation. With the Andruil misstep and the odd termination of a fellow named Andrei Grachev, my confusion about AlphaTON Capital is justifiable in my dinobaby mind. We have been adding posts derived from my personal notes compiled during the writing of my new monograph for cyber fraud investigators: The Telegram Labyrinth.
Stephen E Arnold, February 5, 2026
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