10:55 AMWho will sell their tokens to Telegram?
Lawyers representing Telegram Group Inc. have filed a lawsuit with the U.S. court to clarify the situation that specifically bans Gram tokens. Pavel Durov's company is trying to find out whether the temporary injunction concerns only purchase agreements with US investors? The Telegram defense request was already addressed to Kevin Castel, an American judge.
It was this judge who upheld the prosecution's request to ban the transfer of Gram tokens to primary buyers to prevent the resale of digital coins. The matter is that, according to the regulator, Telegram was not registered under the current securities legislation.
SEC Decides to File Telegram Group Inc. because of an ICO that helped the company raise $ 1.7 billion. According to SEC officials, Telegram had to register the token placement for this purpose, but Durova's company violated the laws. The agency demanded to admit the fact of a court violation and to impose sanctions on Turogram Group Inc. and TON Issuer Inc.
Telegram protection has challenged the characterization of its tokens as securities and is seeking to dismiss a lawsuit banning digital coins. The company's lawyers pointed out that US buyers ordered $ 424.5 million worth of tokens out of a total of $ 1.7 billion. The remaining contracts were concluded outside the US with foreign investors.
It is also reported that Telegram Group Inc. and TON Issuer Inc. We are ready to indicate in our contracts with clients the obligation not to transfer coins to US customers and to set up the TON blockchain so that it excludes the possibility of using US addresses.
According to media reports, well-known American Funds have invested in Gram cryptocurrency, and Russian businessmen such as Sergei Solonin, Roman Abramovich, David Yakobashvili and Mikhail Abizov have become known among private investors.
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