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09 July 2020

Telegram Quits Court Fight With SEC Over TON Blockchain Project - CoinDesk

Telegram Quits Court Fight With SEC Over TON Blockchain Project - CoinDesk


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Telegram Quits Court Fight With SEC Over TON Blockchain Project.

Gram investors have now been given two options: either take back 72% of their investment in TON, according to the previously agreed contract amendment; or to loan the money to Telegram for one year, with a promise to get 110% in April 2021.

However, a number have been unhappy with the outcome and said they are considering suing Telegram

Earlier this month, a group of professional validators launched a forked version of the blockchain, named Free TON, with the technical support of TON Labs, a startup that previously helped Telegram with the project.

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