May 3, 2024

Durov: Telegram has already returned to investors more than $ 1.2 billion

The creator of the messenger expressed hope that in the future the regulation of the blockchain industry in the United States will become moreloyal.

Telegram has already returned ICON TON to investorsover $ 1.2 billion, according to a statement by the creator of the messenger, Pavel Durov. He expressed the hope that in the future the regulation of the blockchain industry in the United States will become more favorable.

“Unfortunately, we were unable to launch the platformTON by the date we set due to a preliminary injunction ordered by the court (…) We have already paid investors more than $1.2 billion directly or in the form of loans,” Durov wrote.

Earlier, the SEC fined Telegram $ 18.5 million andobliged the company to report on plans to issue digital currency on the blockchain over the next three years. A notice on the creation of a cryptocurrency should come no later than 45 days before its release.

On May 12, Durov announced the cessation of work on the Telegram Open Network blockchain platform. The businessman called the decision of the American court the main reason for the closure of the project.

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