Telegram responds to judge’s ruling on fight with the SEC
Telegram plans on fighting the court’s decision that its Gram token is a security.
Telegram plans on fighting the court’s decision that its Gram token is a security.
The U.S. financial regulator bears down harder against the messaging company and its GRAM token sale.
Several high-profile individuals backed the company ahead of its ICO in 2018.
The financial regulator accuses the company of using investment funds to replenish its bank account.
The company publishes a public notice on what’s happening with the network.
The company won’t reveal information related to its 2018 token sale.
The messaging app asked the U.S. courts to dismiss the action raised by the SEC, rejecting suggestions that its token sale was an unregulated securities offering.
The social media company’s platform is already at around 90% and that “only minor changes will be necessary” to the Telegram Virtual Machine