Due to recent problems with the American regulator, the launch of the Telegram cryptocurrency platform maybe delayed for six months or even a year.
About the Forbes Proposed Postponement of Launchtwo TON investors said. According to them, in the inner circle of the founder of Telegram Pavel Durov, discussions are currently being held on new terms for launching the platform.
“Durov’s team is confident that during this time they will be able to resolve all disagreements with the SEC,” — wrote one of them.
The final decision will be made after 24October, when the hearing will take place with the participation of Telegram and SEC. The US Securities and Exchange Commission believes that the Gram cryptocurrency is a security and wants to prove it in court. Until this time, the Durov team will not make any statements and will not provide additional information to investors.
On Friday evening, the SEC demanded a freezesale of Gram tokens, and also accused two offshore companies associated with TON — Telegram Group Inc. and its “daughter” TON Issuer Inc. — in an unregistered token sale.
“We have stated several times that issuers cannotbypass federal securities laws by simply calling your product a cryptocurrency or digital token,” — SEC spokesman Steven Peikin said at the time.
Different media have previously appeared their own versiondevelopment of events. In particular, Forbes wrote that if the court is on the side of the regulator, then Durov can simply return the $ 424.5 million invested by 39 American investors, which is about a quarter of the total investment, and launch the platform.
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