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Tag Archives: securities and exchange commission

Telegram May Delay Token Launch as SEC Halts U.S. Sales

In an unfortunate turn of events, messaging giant Telegram is facing major resistance from the U.S. SEC for token-sale of its native Gram (GRM) tokens. This has further resulted in the delay of the launch of the Telegram Open Network (TON) blockchain.Last Friday, the SEC issued an order calling Telegram’s token sale as “unlawful” under the agency’s securities laws. As a result, Telegram has push-ahead its plans of TON blockchain launch and GRM token issuance.Appraising the investors of this...

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