• Telegram's TON blockchain logo
    Cryptocurrencies,  Regulation

    Refusing to buckle to SEC, Telegram releases TON whitepaper

    The messaging app company is moving ahead with development of the TON blockchain the SEC is trying to kill

    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. 

  • Former CFTC Chairman Chris Giancarlo and SEC Commissioner Hester Peirce
    People,  Regulation

    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. 

  • Stock graph with upward trend, symbolized with a penny
    Bitcoin,  People

    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.

  • Capitol Building on Capitol Hill in Washington DC
    Regulation,  United States

    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.