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Policy

SEC Produces Evidence That Telegram Kept Selling Tokens After $1.7B ICO

The SEC produced evidence that Telegram kept selling tokens after its ICO, undermining the firm's argument that the sale was exempt from registration.

SEC image via Shutterstock

Policy

Telegram Tries to 'Clarify' Gram Crypto Project Amid Ongoing SEC Fight

Telegram will not integrate a crypto wallet into its messaging app, at least until it gets the green light from U.S. regulators, the company said Monday on its official website.

Image via Shutterstock

Markets

SEC Asks for Telegram ICO Financials Ahead of CEO's Deposition

Telegram has been ordered by a judge to explain why it should not have to turn over bank documents relating to its $1.7 billion initial coin offering.

U.S. District Court for the Southern District of New York

Markets

US Judge Orders UK Court to Depose Telegram's Advisor About Token Sale

U.S. District Court Judge P. Kevin Castel in New York signed an order to Britain's High Court to depose John Hyman, Telegram's chief investment officer.

UK High Court of Justice, image via Shutterstock

Finance

Telegram Investor Documents Say BNY Mellon, Credit Suisse Helped Process $1.7B ICO

Telegram told investors it was using BNY Mellon and Credit Suisse, to move and store fiat raised in last year’s token sale, court filings indicate.

Image via Shutterstock

Policy

SEC Reveals Telegram's Communications With Investors, Seeks to Question Advisor

The U.S. Securities and Exchange Commission (SEC) wants Telegram’s former chief investment advisor to testify and hand over documents related to the company's $1.7 billion 2018 token sale.

Telegram CEO Pavel Durov (TechCrunch)

Markets

Telegram Founder Durov Should Testify in SEC Case Over Gram Token: Judge

Telegram's founder and CEO Pavel Durov, plus two other employees, should be deposed to give testimony in the SEC case over whether the gram token is a security, a judge has ordered.

Credit: Shutterstock

Markets

Telegram Refutes All SEC Allegations, Asks Court to Dismiss in New Filing

Messaging app firm Telegram has made a new plea to a U.S. court to drop an action brought by the SEC alleging its token is a security.

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Markets

Telegram Releases Test Crypto Wallet Despite SEC Lawsuit

Telegram, the messaging app company turned blockchain startup, has released an early desktop wallet for its crypto token.

Telegram

Markets

Telegram Token Investors Reject Refund Offer

Investors who bought the firm's gram token have agreed to accept an extended issuance date in the hope they'll still turn a profit.

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