Could the Telegram, SEC $1.7 Billion ICO Row Be Over Soon?

Telegram stated the U.S. Securities and Exchange Commission (SEC) is overstepping its regulatory mandate and misapplying securities law, in a US court this week. The SEC meanwhile, maintains Telegram’s TON sale was an unregistered securities offering. Telegram ICO is an Investment Contract, Says SEC In its motion for summary judgment submitted to the court on Wednesday (January 15, 2020), the SEC maintained that Telegram’s Gram tokens are unlicensed securities. An excerpt from the motion quotedRead More The post appeared first on Bitcoinist.com.