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Investors in Failed TON Project Sue Telegram
A group of investors wants compensation for the way Telegram refunded them, and is suing the company in London.
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Telegram Is Nearly Done Paying Back TON Investors, Eyes IPO Next
Telegram is closing the page of its $1.7 billion token sale and paying back its last debts to the token buyers. The company just raised more funding via bonds and planning an IPO.
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TON Investor Threatens to Sue Telegram if Not Compensated: Report
The investor said it would go to court if its compensation demand was not met, according to Forbes Russia.
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SEC Commissioner Peirce Blasts Regulator's Action Against Telegram
"Crypto Mom" took no prisoners in her fiery rebuke of the SEC's Telegram action.
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Telegram's Defeat Isn't 'Binding' in Kik Case, Judge Tells SEC
Kik's proverbial day in court may take a lot longer than Telegram's, if the judge’s response to the SEC during a hearing this week is any indication.
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Telegram Agrees to Pay $18.5M Penalty in SEC Settlement Over Failed TON Offering
Telegram has settled its six-month court case with the SEC, agreeing to pay $18.5 million in penalties and to notify the agency if it plans to issue another digital asset in the next three years.
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Telegram CEO Donates 10 BTC to Pandemic Relief Effort
Telegram CEO Pavel Durov reportedly donated about $90,000 worth of bitcoin to help alleviate the financial burden of COVID-19 pandemic in Russia.
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Telegram Quits Court Fight With SEC Over TON Blockchain Project
Telegram has thrown in the towel in its court battle against the U.S. Securities and Exchange Commission and will no longer be appealing the ban on its blockchain token project.
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Aggrieved Investors Mull Suing Telegram Over Canceled TON Blockchain Project
Some backers of the now-shelved TON blockchain project are in talks to sue Telegram over their refund structure.
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Telegram's TON Was Built on Sand. Its Failure Isn't All Bad For Crypto
Telegram's Pavel Durov rails against the SEC's "ossification." But his TON project was always on shaky ground legally-speaking, says Preston Byrne.
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