Telegram has promised to transfer banking and other necessary data related to the sale of Gram tokens in 2018 in the amount of $ 1.7 billion to the U.S. Securities and Exchange Commission (SEC).
The company agreed to send bank statements to the regulator, as well as share information about theinvestors' funds, the preliminary allocation of assets to clients, any changes to the Purchase Agreement and the final terms.
By May 20, 2020, Telegram undertook to send notices of termination of agreements and refunds to American investors.In addition, the TON Labs team decided to postpone the launch of the TON network for another year, until April 2021, but deployed its own fork with the Free Ton token.
Investors from other jurisdictions can also opt for an immediate refund of 72% offtheir initial investment, or extend the agreement by providing the messenger with a loan for one year with the prospect of receiving 110% of theAmount.
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