Telegram decided to close the TON blockchain project

Pavel Durov announced the cessation of work on the Telegram Open Network project due to litigation with the US Securities and Exchange Commission (SEC).

The main reason for this decision was the judiciala token distribution ban that violated team plans and investor relations. Durov also added that the United States, through the dollar, can easily exert direct pressure on financial and technology companies in other countries, effectively controlling them.

In his announcement, he also touched on the topic of “followers.” TON that can startuse the brand or its technology topromoting your own products. Pavel Durov urged not to trust them with their money and data, since none of the development team is related to any of these projects.

The head of Telegram at the end of the message wished good luck to all those who want to achieve decentralization, equality and equality in the world. Calling this fight the most important battle of our generation.

</p>