Telegram Open Network

Investors in Failed TON Project Sue Telegram

A group of investors wants compensation for the way Telegram refunded them, and is suing the company in London.

News  ·  25 May 2021

Telegram Is Nearly Done Paying Back TON Investors, Eyes IPO Next

Telegram is closing the page of its $1.7 billion token sale and paying back its last debts to the token buyers. The company just raised more funding via bonds and planning an IPO.

News  ·  12 April 2021
Lawsuits

Telegram Agrees to Pay $18.5M Penalty in SEC Settlement Over Failed TON Offering

Telegram has settled its six-month court case with the SEC, agreeing to pay $18.5 million in penalties and to notify the agency if it plans to issue another digital asset in the next three years.

Policy & regulation  ·  25 June 2020
Regulation

Telegram Quits Court Fight With SEC Over TON Blockchain Project

Telegram has thrown in the towel in its court battle against the U.S. Securities and Exchange Commission and will no longer be appealing the ban on its blockchain token project.

Policy & regulation  ·  25 May 2020
Telegram

Telegram Abandons TON Blockchain Project After Court Fight With SEC

Telegram CEO Pavel Durov says the company is abandoning its TON blockchain project after losing an initial court fight with the SEC.

News  ·  12 May 2020
Lawsuits

Telegram Agrees to Give SEC Bank Records, Communications in Ongoing TON Lawsuit

Telegram will fork over bank records and communications with its investors in an agreement with the SEC as part of the agency's ongoing lawsuit.

News  ·  9 May 2020
Telegram

Sidestepping Telegram, Devs and Validators Launch Fork of TON Blockchain

TON Labs, a startup that helped Telegram run the test network for its blockchain network, launched its own version called Free TON Thursday, with the support of professional validators.

Tech  ·  7 May 2020
SEC

Telegram Withdraws Offer to Repay Investors With Gram Tokens

Telegram says it won't be repaying investors in its 2018 TON token sale in gram tokens, one week after saying it could do so once the network launches.

Business  ·  4 May 2020
SEC

Telegram Caves to US Regulators: Delays Blockchain Launch, Offers to Return $1.2B to Investors

Messaging app Telegram postponed the launch of its TON blockchain on Wednesday, triggering a costly clawback clause in its agreement with investors.

Business  ·  30 April 2020
Exchanges

Exchange Banking on TON’s Gram Tokens to Shut Down After Telegram Court Order

Blackmoon Crypto, a small exchange hoping to grow its clientele by becoming the first to list Telegram's tokens, is shutting down just weeks after a judge barred any token issuance.

Business  ·  13 April 2020
SEC

Judge Denies Telegram’s Request to Issue Gram Tokens to Non-US Investors

A federal judge denied Telegram's request to issue Gram tokens to non-U.S. investors.

Policy & regulation  ·  1 April 2020
Regulation

Telegram Hopes It Can Still Sell Tokens to Non-US Investors After Court Ruling

Telegram has asked a court to clarify if it can still issue its tokens to non-U.S. investors after a preliminary injunction blocked the issuance in the U.S.

Policy & regulation  ·  30 March 2020
SEC

Devs Plot Launch of Telegram’s Blockchain Without Company’s Involvement

Developers are discussing ways to launch Telegram's blockchain without the messaging app company's participation, following a court order tying its hands.

Policy & regulation  ·  25 March 2020
Russia

Russia Seeks to Block ‘Darknet’ Technologies, Including Telegram’s Blockchain

A Russian government agency has requested contractor bids to find ways to block censorship-resistant internet tech, including one blockchain: Telegram's.

Policy & regulation  ·  11 March 2020
SEC

US Court Tells Telegram and SEC to Focus on ‘Economic Realities’ of Gram Token Sale

In his first public comments on the case, federal judge P. Kevin Castel called on Telegram and the SEC to consider the "economic realities" of the case such as the gram token’s secondary market.

News  ·  19 February 2020