A federal court in the Southern District of New York on Wednesday extended the company's ban indefinitely.Telegram Group Inc. to sell digital Gram tokens, US authorities have found new evidence of Telegram violations. SEC has published correspondence of company employees. It follows that the Telegram leadership was aware of the illegal sale of the Gram cryptocurrency even before the launch of the platform.
It was the question of the legal status of the currency that caused Telegram to dispute with the regulator.
Read this:
U.S. court extends ban on selling Gram tokens
Telegram asked the court to lift the ban on the sale of GRAM tokens
SEC sues Telegram for distribution of Gram tokens among US investors
US SEC bans Telegram's Gram cryptocurrency
Liquid exchange canceled the sale of Telegram tokens and returned money to investors
Telegram published Gram token wallet information