Aggrieved Investors Mull Suing Telegram Over Canceled TON Blockchain Project

Some backers of the now-shelved TON blockchain project are in talks to sue Telegram over their refund structure.

Business  ·  14 May 2020

Telegram’s TON Was Built on Sand. Its Failure Isn’t All Bad For Crypto

Telegram's Pavel Durov rails against the SEC's "ossification." But his TON project was always on shaky ground legally-speaking, says Preston Byrne.

Policy & regulation  ·  14 May 2020

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

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

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

Russian Oligarch, Ex-Cabinet Minister Invested in Telegram’s ICO, Court Filing Says

Roman Abramovich, owner of the Chelsea soccer club, invested $10 million in Telegram’s $1.7 billion token sale through a British Virgin Islands-based entity, court papers indicate.

Business  ·  4 March 2020

CFTC Asked to Provide Opinion in SEC Case Against Telegram ICO

A U.S. judge has asked lawyers from the Commodity Futures Trading Commission (CFTC) to provide an opinion in the case brought by the Securities and Exchange Commission (SEC) against Telegram's $1.7 billion token sale.

Policy & regulation  ·  7 February 2020

Telegram Drops Technical White Paper for Blockchain SEC Is Trying to Halt

Telegram has revealed more details about its TON blockchain's block validation process, even as it fights the SEC in court over its $1.7 billion token sale.

News  ·  5 February 2020

SEC’s Court Hearing on Telegram Token Delayed Till Next Year

The messaging app company and the SEC will now meet next February to debate the regulator's claim the gram token is a security.

Policy & regulation  ·  19 October 2019

Telegram’s Blockchain Will Be Compatible With Ethereum: Source

Telegram's new blockchain project will be able to support dapps built for ethereum, says TON Labs CEO Alexander Filatov.

Markets  ·  30 August 2019