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SEC Claims Telegram Injunction Applies to ‘Any Person or Entity’

News The United States Securities and Exchange Commission has opposed Telegram’s request for clarity regarding the geographic scope of a court injunction barring the company from distributing its Gram (GRAM) tokens. In a letter to Judge Castel dated March 30, the SEC asserts that the injunction “u..

Ethereum-Based Social Video Network Integrates Zoom for Live Streaming

News The Ethereum-based social media app, Pepo, has integrated with video conferencing platform, Zoom, to facilitate live streaming. Pepo Live Events is currently exclusively available in beta on the platform’s website and has not given an estimate for when it plans to enable mobile functionality...

Former NASDAQ Lawyer Warns TON Against Going Rogue

Analysis Former NASDAQ vice president and assistant general counsel warned the TON Community against launching Telegram’s blockchain network until the 2nd U.S. Circuit Court of Appeals has its say. Safe Harbor is not on SEC’s agendaManny Alicandro, a New York City lawyer with vast experience in tr..

US Holding Firm Halted Mining Business After Bitcoin Crashed Below $4K

News Although the cryptocurrency markets have slightly recovered following massive sell-offs in mid-March, Bitcoin’s (BTC) faltering price has led to notable miner instability and closures. Soon after Bitcoin dropped below the $4,000 threshold on March 13, DPW Holdings, a Nasdaq-listed holding com..

Founders of Floyd Mayweather-Backed ICO See Trial Pushed to September

News The upcoming trial of two men accused of running the fraudulent Centra Tech initial coin offering (ICO), which raised $60 million after soliciting celebrity endorsements in 2018, has been postponed until September 2020. On March 26, a U.S. district court published documents indicating that th..

Telegram Is Losing to the US SEC, TON Community Can Launch Network Regardless

Analysis As Telegram’s legal battle with the United States Securities and Exchange Commission continues to unfold, the U.S. authorities have convinced the judge to bar the company from issuing Gram tokens — at least in the near future. On March 24, the U.S. District Court for the Southern District..

TON Community: ‘No One Can Prevent the Launch of TON’

News Developers of the TON blockchain are still considering deployment, despite injunctive ruling by the U.S. court. Fedor Skuratov, a spokesperson for TON Labs, the organization behind the TON blockchain, told Cointelegraph that the recent unfavorable decisions by the U.S. court did not catch the..

Telegram Asks Court to Appeal Halt on GRAM Distribution

News Telegram is seeking to appeal a United States federal court’s recent ruling in favor of the Securities and Exchange Commission to halt distribution of GRAM tokens. Rejection of the injunction and the status of the investment contractsIn response to the court’s preliminary injunction earlier t..

Telegram Token Battle: Court Leans Toward Unregistered Security Offering

One of the biggest questions to dominate the fledgling cryptoeconomy has been over which token issuances the U.S. Securities Exchange Commission (SEC) considers to be unregistered security offerings. Since the SEC always faces a backlog of work, it takes time to find out which issuances have raised..

Telegram Denied: Court Sides With SEC, Grants Injunction Against Issuing GRAMs

Breaking A United States District Court has granted an injunction against Telegram, preventing the company from issuing its GRAM tokens at the present time. Court says that GRAMS are securities under Howey testPer a March 24 filing granting the Securities and Exchange Commission’s request for a pr..

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