news

bitcoin

1 X bitcoin bitcoin =

Tuesday

22 October 2019

SEC Looks to Suspend “Unlawfully Sold” Telegram (GRAM) Cryptocurrency

SEC Looks to Suspend “Unlawfully Sold” Telegram (GRAM) Cryptocurrency


smart summary beta

Choosing to launch their network and native token without regulatory consultation was seen as a bold move from Telegram; however this appears to have backfired as the SEC has finally decided to “halt” their token offering.

Nearly $1.7 billion has been raised by TON to launch a blockchain-enabled payment network that can be used over their messaging app and the scope of potential mainstream adoption is arguably on par with that of Facebook’s Libra, should that ever see the light of day.

The biggest concern for the SEC, at this point, is that GRAM tokens will be sent to respective investors before October 31, 2019.

Goto Full Article

bitcoin bitcoin price

$8233.16

24h

Live Average

bitcoin

News Article Sentiment

negative

Score (-0.3)

Article Metadata

author

site

btcmanager.com

categories

Market data feeds provided by cryptocompare.com
bitsmart 2018