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2019-10-11 23:11:40 TheBlock

The SEC sues Telegram, aims to stop distribution to US investors of Grams sold in $1.7B sale

Temporary Restraining Order What is this lawsuit about? The SEC today sued to stop Telegram, Inc. and Ton Issuer, Inc. from continuing what a lawsuit describes as an “ongoing illegal offering of digital-asset securities called Grams.” Grams were to be the native token for use on the Telegram blockchain, but (as discussed below) the SEC […]The post The SEC sues Telegram, aims to stop distribution to US investors of Grams sold in $1.7B sale appeared first on The Block.