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Tag Archives: Telegram

Telegram Postpones The Release Of Gram Tokens Until April 2021, Offers To Refund Investors

The popular messaging application Telegram has delayed the release of its Gram tokens until April 2021 due to the pressure inserted by the SEC and US district courts. The company is offering two options for investors to reimburse their investments or to allocate them into the messaging app.Telegram Postpones GramPavel Durov’s company has sent a letter to all Telegram Open Network (TON) investors – the blockchain network behind the future cryptocurrency Gram. The token will not be issued by...

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Telegram Loses Latest Battle Round with the SEC Over Gram Tokens

Encrypted messaging service Telegram is putting up a fight with the Securities and Exchange Commission (SEC).Telegram Is Duking It Out with the SECThe company is in hot water after the government organization claimed Telegram had failed to properly register a token offering a few years ago that resulted in more than $1 billion in revenue for the messaging service. The enterprise made quite a bit of money after promising delivery of its new “gram” tokens to several individual investors, though...

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Telegram Can’t Sell GRAM Tokens Even Outside The US, Judge Clarifies

Telegram cannot sell Grams outside of the U.S. either, even after the company argued that the tokens wouldn’t reach American investors. New York Judge, however, found those claims insufficient as Telegram couldn’t adequately address them.Telegram’s Issues Spiral OnAs Cryptopotato reported last week, U.S. District Court officially halted the Gram tokens sale following a lawsuit filed by the Securities and Exchange Commission (SEC).Telegram, the firm behind the future blockchain-based project,...

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Telegram vor ungewisser Zukunft

Schnelles und sicheres Messaging verspricht Telegram mit seinem Blockchain-Projekt. Die aktuelle Lage bedroht nun jedoch dieses Projekt und könnte es zum Aufgeben zwingen. Es wird berichtet, dass bereits einige Großinvestoren ihr Investment zurückfordern, was in der momentanten Finanzlage Telegram zerstören könnte.Crypto News: Telegram vor ungewisser ZukunftEine russische Seite berichtet, dass die Investoren abspringen und das Telegram Open Network (TON) verlassen wollen. Angeblich haben sie...

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Telegram Won’t be Able To Issue GRAM For Now, As Court Sides With SEC

The popular encrypted messaging application Telegram won’t be able to issue its GRAM tokens, for now. This becomes clear as a US District Court granted an injunction against the company in its lawsuit filed by the Securities and Exchange Commission (SEC).Howey Test Positive: GRAM Are SecuritiesTelegram’s GRAM sale has been officially halted following a lawsuit filed by the US Securities and Exchange Commission. According to a document issued by a United States District Court on March 24, the...

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Telegram Investors and Developers Build Organization to Defend TON from SEC

Telegram investors and developers created a foundation within the TON ecosystem to defend the project from the SEC. The TON Foundation participants, not Durov brothers, will manage funds and code.While the SEC is preparing to destroy Telegram for avoiding the U.S. securities law, Telegram keeps receiving help from unexpected parties. This time, Telegram’s key investors have formed a circle for coordinating the development of the network. They have no connection to Nikolai Durov and Pavel...

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Telegram Pushes Forward the Launch of TON Blockchain Despite Fierce Legal Battle with the SEC

The Telegram founders are working on the TON blockchain despite the SEC keeps the hunt for presumably one of the dollar’s possible competitors.Telegram team has released a document that is useful if you plan to create a website running on the TON blockchain. The document suggests that TON users may want to create some websites to refer friends and clients to their projects. Unlike the usual sites, these are not working over HTTPS or HTTP protocol. The system is using ADNL to differ the...

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Token Sales May Have 3-Year Safe Harbor Period, Offers SEC Commissioner Hester Peirce

While a digital asset may look like a security at first, it could potentially become decentralized enough in the following years to no longer resemble a security. Bearing this principle in mind, SEC commissioner Hester Peirce has proposed a safe harbor period for token sales.The official at the Securities and Exchange Commission (SEC) Hester Peirce, named “CryptoMom” by the crypto community, suggested a so-called ‘safe harbor’ for all upcoming token projects. Her opinion is that this could...

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Telegram Founder Pavel Durov Claims Apple’s iCloud Is Officially a Surveillance Tool

Recently, Telegram founder Pavel Durov made quite a bold statement. On his Telegram channel, he argued that Apple‘s iCloud is now ‘officially a surveillance tool’. Further, Durov cited a Reuters report and stated that apps relying on it to store users’ private messages (such as WhatsApp) are part of the problem.But let us see how the whole story began.Apple’s iCloud Will Not Encrypt BackupsAbout two years ago, Apple was considering end-to-end encryption for iCloud backups. After doing that,...

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Telegram Receives Massive Backing from Blockchain Association for Gram Token Sale Dispute

The SEC vs Telegram case is taking new turns every single day. In the latest development, the Blockchain Association has decided to support Telegram in its fight against the regulator.Let us also remind you that the Association unites such prominent names as Coinbase, Circle, Ripple Labs and others.The Chamber of Digital Commerce has filed amicus curiae supporting Telegram’s argument that “digital assets may be the subject of an investment contract without being a security”. Note that the...

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