Telegram


Policy

SEC Depositions Shed Light on Telegram's $1.7B Token Sale

Newly released transcripts of the SEC’s depositions of Telegram executives offer a rare window into the logic and the mechanics behind its $1.7 billion token sale.

TALE OF THE TAPE: “If I see that Telegram needs more resources, I would happily invest more because I'm a person that prefers not to own any real estate,” CEO Pavel Durov said during his deposition. (Image via Shutterstock)

Policy

Blockchain Association Sides With Telegram Against SEC, Says Grams Are Not Securities

The U.S. advocacy group has come out strongly on the side of Telegram in its ongoing SEC court case.

Thurgood Marshall Courthouse, New York. Credit: Shutterstock

Policy

Digital Chamber Asks Court to Draw Line Between Investment Contracts and Assets in Telegram Case

The Chamber of Digital Commerce, a blockchain advocacy group, wants a U.S. court to distinguish between an investment contract and the underlying asset used by Telegram during a 2018 initial coin offering.

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

Policy

SEC: Cash-Strapped Telegram Launched 2018 Token Sale to Pay for Servers

Telegram launched its token sale because it was "short on cash" to pay for servers, the SEC said.

Telegram CEO Pavel Durov (TechCrunch)

Policy

Liquid Exchange Cancels Sale of Telegram's Gram Tokens

With the SEC lawsuit holding up the launch of Telegram's TON network, the Japan-based exchange has cancelled its sale of gram tokens and refunded investors.

Credit: Shutterstock

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