Telegram, a popular messaging app, has been found in violation of US federal securities laws by the Securities and Exchange Commission (SEC) and has been fined a civil penalty of $18.5 million. The complaint was focused on their blockchain based Telegram Open Network (TON) and their cryptocurrency called “Grams”. The complaint was filed on October … Continue reading "Telegram fined $18.5 million by US SEC for offering illegal “Grams” digital tokens"
Tuesday 30 June 2020
Telegram fined $18.5 million by US SEC for offering illegal “Grams” digital tokens
Telegram, a popular messaging app, has been found in violation of US federal securities laws by the Securities and Exchange Commission (SEC) and has been fined a civil penalty of $18.5 million. The complaint was focused on their blockchain based Telegram Open Network (TON) and their cryptocurrency called “Grams”. The complaint was filed on October … Continue reading "Telegram fined $18.5 million by US SEC for offering illegal “Grams” digital tokens"
