Tagged: ton

SEC Seeking Interview with UK Citizen They Believe Brokered Telegram’s Token Sale

The SEC is seeking to depose UK citizen John Hyman, whom Telegram CEO Pavel Durov has identified as “Telegram’s chief investment advisor.” The SEC believes Hyman brokered many of the private deals that helped Telegram raise $1.7 billion USD from 171 investors in two sales of GRAM… Read More

Despite SEC Lawsuit, Telegram Launches Early Version of Desktop Wallet for Its Blockchain-based Gram Tokens

Encrypted messaging provider Telegram has launched an early desktop wallet for its blockchain-based Gram tokens. Users can download Telegram’s test app for Windows, MacOS, Linux 64 bit operating systems from the company’s official website and get their keys on the Telegram Open Network (TON) testnet. … Read More

Report: Investors Grant Extension to Telegram After US Token Sales Halted in SEC Emergency Action

Telegram’s appeal to investors asking for a six-month extension on the launch of the TON blockchain in the wake of an American SEC emergency action against the firm has been granted, Russian Forbes reports. Paraphrasing two unnamed sources, the outlet claims: “Investors in the Telegram… Read More

Telegram Responds to SEC’s Enforcement Action: SEC is Attempting to “Steamroll Telegram Into Consenting to a Preliminary Injunction Where There is No Need”

Telegram has responded to the Securities and Exchange Commission’s enforcement action revealed last week. On October 11, the SEC filed an emergency action and obtained a temporary restraining order against Telegram. The SEC targeted an alleged unregistered, ongoing digital token offering in the U.S. and… Read More

Following Emergency Orders from SEC Prohibiting GRAM Token Sales in the US, Telegram Asks Investors for Extension

Telegram, makers of the popular mobile messaging app Telegram, have sent an email to GRAM token investors asking for a six-month extension on the launch of TON, a blockchain network financed by the company’s $1.7 billion USD 2018 token sale. The request for an extension… Read More

Telegram Enforcement Action: “A reminder that the SEC not only has considerable enforcement tools but is willing to use them”

Last week, Crowdfund Insider reported on the Securities and Exchange Commission (SEC) enforcement action against Telegram and the issuance of Gram tokens. The move by the SEC is a doozy and telling. First, Telegram sold about $1.7 billion in a SAFT (simple agreement for future… Read More

Following SEC Action Halting TON Token Sale in US, Telegram Issues Letter to Investors

A letter from a spokesperson for Telegram regarding the SEC’s emergency action to halt the sale of GRAM tokens to US investors has been making the rounds in the crypto media and on forums. In the the letter, “Shyam” states that Telegram, maker of a… Read More

SEC Slams the Brakes on Telegram’s $1.7 Billion Digital Token Offering in an Emergency Action

The Securities and Exchange Commission (SEC) has filed an emergency action and obtained a temporary restraining order against Telegram. The SEC targeted two offshore entities conducting an alleged unregistered, ongoing digital token offering in the U.S. and overseas that has raised more than $1.7 billion… Read More

Anchorage Trust Company to Support Institutional Custody for Telegram’s Gram (GRM) Token

Crypto asset custodian of software development company Anchor Labs has said that it’s the first organization that has qualified to support institutional custody for messaging giant Telegram’s Gram (GRM) token. Anchorage Trust Company, a wholly-owned subsidiary of California-headquartered Anchor Labs, will reportedly become the first… Read More

As Lawmakers Focus on Facebook’s Libra, Telegram’s in App Crypto Applications Draw Nearer

Lawmakers across the globe have been coming down hard on Facebook for Libra, the company’s proposed global cryptocurrency network, but there has been comparatively little official uproar about Telegram’s promised Telegram Open Network (TON) blockchain and associated token, GRAM. Perhaps this is because Telegram, with… Read More

Telegram Open Network Token “Gram” Being Offered Through Upcoming Public Token Sale on Crypto Exchange Liquid.com

Global cryptocurrency exchange Liquid.com announced on Tuesday it has been selected by Gram Asia, the largest holder of Grams from Asia, to lead the upcoming public sale of Telegram Open Network (TON). According to Liquid.com, Gram is the native token of TON Blockchain, a decentralized network… Read More

Report: Telegram Initial Coin Offering Expected to top $1.7 Billion

This should come as no surprise to anyone who has been following Telegram. One of the fastest growing messaging / social media platforms in the world is poised to top $1.7 billion with its initial coin offering. This is according to a recent report in… Read More

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