In a new public notice, Telegram stresses that Gram tokens are not investment products, which would mean that they are not under the SEC’s sway. Telegram’s Gram, the native cryptocurrency for the Telegram Open Network (TON), is not an investment product, the firm stressed in a fresh public statement. In a Jan. 6 blog post,…
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An inside look at the Telegram Open Network competition with an analysis of the contest’s task. Amid news of its recent spat with the United States Securities and Exchange Commission, relatively few people have likely heard about Telegram’s Open Network competition that occurred some weeks ago. It was a milestone event that transformed the once-miniscule…
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According to new court filings, investors in Telegram’s $1.7 billion token sale included Kleiner Perkins, Lightspeed China and many others. Two global financial giants, BNY Mellon and Credit Suisse, were reportedly involved in Telegram’s $1.7 billion Gram (GRAM) token sale in 2018. Telegram allegedly informed its investors that it was using BNY Mellon and Credit…
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Telegram’s cryptocurrency wallet Grams Wallet is now available for MacOS, Windows and Linux in test mode. Telegram’s crypto wallet Grams Wallet is now available for MacOS, Windows and Ubuntu in testing mode, with the source code published on GitHub. Grams Wallet users can get test tokens Users can now download the test wallet client from…
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Cointelegraph has been blocked in Russia, and Telegram’s legal showdown with the SEC has been delayed until February. Coming every Sunday, Hodler’s Digest will help you track every single important news story that happened this week. The best (and worst) quotes, adoption and regulation highlights, leading coins, predictions and much more — a week on…
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TON investors could be left in the cold due to a reimbursement clause in the contract. Legal experts weigh in. Telegram’s grand entry into the cryptocurrency world is in limbo. After months of rumors, hype and anticipation, Telegram Open Network’s (TON) titan $1.7 billion sales round was declared illegal by the United States Securities and…
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Following Telegram’s counterclaim, the SEC insisted that the firm has violated securities laws, asking the court to grant a preliminary injunction. The United States Securities and Exchange Commission (SEC) has responded to Telegram’s counterclaim, insisting that Grams are securities. Preventing Telegram from further violation Following Telegram’s counterclaim on Oct. 16, where the firm argued that…
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TON was hurtling toward public release until the SEC stopped it dead in its tracks. Here is everything known about the project so far. In just the last few months, the entire landscape of the crypto industry has changed. Innovation once came from within, with a number of early influencers earning god-like status among the…
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The SEC halts Telegram’s $1.7 billion token offering in a massive setback for TON, and Mark Zuckerberg is going to testify in front of Congress. Coming every Sunday, Hodler’s Digest will help you track every single important news story that happened this week. The best (and worst) quotes, adoption and regulation highlights, leading coins, predictions…
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Telegram does not agree with the SEC’s recent action and claims it has been trying to solicit feedback from the agency for the past 18 months. Telegram Open Network (TON) developers responded to its investors after American regulators abruptly announced that its $1.7 billion token sale was illegal. No clear feedback from SEC for 18…
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