Former NASDAQ warns the TON Community against launching Telegram’s blockchain network until the Court of Appeals has its say. Former NASDAQ vice president and assistant general counsel warned the TON Community against launching Telegram’s blockchain network until the 2nd U.S. Circuit Court of Appeals has its say. Safe Harbor is not on SEC’s agenda Manny…
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Telegram’s GRAM token passes the Howey test and is subject to regulation, says the SEC. How far can a preliminary injunction from an American court reach? The answer to that question is everything for Telegram’s embattled TON blockchain project. TON has been under legal fire since shortly after the SEC became aware of its token…
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Developers of TON blockchain are willing to deploy it, in spite of the court’s rulings. Developers of the TON blockchain are still considering deployment, despite injunctive ruling by the U.S. court. Fedor Skuratov, a spokesperson for TON Labs, the organization behind the TON blockchain, told Cointelegraph that the recent unfavorable decisions by the U.S. court…
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The SEC has been granted an injunction to prevent the distribution of Grams with the U.S. court saying that there would be a “near certain risk of a future harm.” A United States District Court has granted an injunction against Telegram, preventing the company from issuing its GRAM tokens at the present time. Court says…
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Russia’s communications watchdog is calling on contractors to help it block or disrupt anonymous networks including The Onion Router and Telegram Open Network. The Russian communications watchdog has launched an offensive on censorship resistant platforms, including the Telegram Open Network (TON) and privacy browser Tor. Russia’s Federal Service for Supervision of Communications, Information Technology and…
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The US Securities and Exchange Commission (SEC) has voted to propose a set of rule changes to simply and improve the “patchwork” rules for exempt securities offerings. The US Securities and Exchange Commission (SEC) has voted to propose a set of rule changes to simply and improve the “patchwork” rules for exempt securities offerings. The…
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With the final verdict on TON expected before April 30, most crypto analysts believe that the court’s decision will favor the U.S. SEC. The United States Commodity Futures Trading Commission has recently weighed in on the Security and Exchange Commission’s ongoing legal battle with Telegram by filing a letter that contained its views on the…
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A New York judge has extended the restraining order that prohibits Telegram from distributing its Gram tokens. Following a two-hour hearing, a New York federal judge has extended the restraining order that prohibits Telegram from distributing its Gram tokens. On Feb 19, Judge P. Kevin Castel of the US District Court for the Southern District…
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The Commodity Futures Trading Commission has weighed in on the SEC vs Telegram case, but has not provided much clarity regarding Gram’s purported status as a commodity. Another United States regulatory agency has weighed in on Telegram’s ongoing legal battle with the Securities Exchange Commission. Following a request by the New York Southern District Court,…
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International Telegram Open Network contributors have submitted a brief to court that criticizes U.S. regulators’ line of attack against the project. A group of international Telegram Open Network (TON) contributors have submitted a court document criticizing United States regulators’ line of attack against the project. The group has formed a non-profit association, “The TON Community…
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