Some backers of the now-shelved TON blockchain project are in talks to sue Telegram over their refund structure.
Messaging app Telegram postponed the launch of its TON blockchain on Wednesday, triggering a costly clawback clause in its agreement with investors.
Developers are discussing ways to launch Telegram's blockchain without the messaging app company's participation, following a court order tying its hands.
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.
TON investors received emails from the Telegram core team Wednesday seemingly confirming the $1.7 billion blockchain's Oct. 31 launch date.