Telegram has been locked in a fierce legal battle with the Security and Exchange Commission, which wants to block the company’s initial coin offering and halt the launch of its Telegram Open Network, or TON, blockchain. But that hasn’t stopped the messaging app company from pushing forward with the technical details of its project. On Feb. 3, Telegram issued the latest version of its technical whitepaper for its TON blockchain—a key piece in actually launching its gram tokens and fulfilling the promises it made to its investors.
Crypto Mom tells SEC to go easy on her ICO offspring
SEC Commissioner Hester Peirce wants to give initial coin offering projects a three-year grace period before securities laws kick in
SEC Commissioner Hester Peirce has unveiled her proposal to implement a "safe harbor" for crypto startups, allowing them a three-year grace period after their initial coin offerings to achieve a level of decentralization sufficient to pass the Howey test.
Sure they cost only pennies, but the hope is these stocks will become worth a lot more. (Photo: iStock)WB21 client pleads guilty to $165 million penny stock fraud
Roger Knox laundered funds through WB21, a payment processor allegedly holding $9 million of cryptocurrency exchange QuadrigaCX’s lost funds
Roger Knox pleaded guilty to a $165 million pump-and-dump on Jan. 13. He allegedly processed the ill-gotten gains via Michael Gastauer's WB21.
Blockchain Association, Chamber of Digital Commerce support Telegram
The two advocacy groups submitted amicus briefs to the court. One opposes the SEC’s lawsuit; the other asks the agency to do a better job defining digital assets
The Blockchain Association and the Chamber of Digital Commerce, two Washington, D.C. based-advocacy groups focused on blockchain and digital assets, filed amicus briefs Tuesday in the U.S. Securities and Exchange Commission's case against messaging app Telegram.
