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

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The SEC sues Telegram, aims to stop distribution to US investors of Grams sold in $1.7B saleTemporary Restraining Order The SEC today announced a suit 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 says they don't […]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.


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