Crypto Short News

Telegram in Talks with SEC About Ton for the past 18 Months

Telegram said it disagrees with the Securities and Exchange Commission (SEC)'s lawsuit against its token sales.

Telegram plans to postpone the launch of its cryptocurrency after SEC obtained restraining order to stop Token sale in the US. The SEC claims that the company sold unregistered securities. Telegram has responded to a recent court order by the SEC in a letter to investors in its token sale.

The platform told its token investors, they are surprised that the SEC chose to file the lawsuit. However, Telegram has tried to communicate with the regulator and solicit feedback over the past 18 months regarding its TON blockchain project. Telegram is telling its investors that it will Pause for some time to receive more clarity on the legal status of the TON project.

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Elena R

Elena is an expert in technical analysis and risk management in cryptocurrency market. She has 10+year experience in writing - accordingly she is avid journalists with a passion towards researching new insights coming into crypto erena.

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