Judge Grants Injunction Halting Telegram’s TON Release Again, Notice of Appeal Reportedly Filed

Judge Grants Injunction Halting Telegram's TON Release Once Again, Notice of Appeal Reportedly FiledThe embattled Telegram Open Network (TON) blockchain and its native gram cryptocurrency have seen plans for launch stifled once again, with a preliminary injunction granted by Southern District of New York Judge P. Kevin Castel. The March 24 injunction sides with the U.S. Securities and Exchange Commission (SEC), concluding that the messaging giant’s plans “amount […]

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Telegram Rejects SEC Request to Hand Over Bank Records for TON

Telegram Rejects SEC Request to Hand Over Bank Records for TONTelegram Group, the company behind the TON blockchain project, has reportedly refused to share information with the SEC showing how much it spent of the $1.7 billion raised from investors in the past couple of years and where. In a recent court filing, the securities regulator alleges that Telegram has declined to provide bank records […]

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