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SEC Calls Out Status of Telegram’s TON, Doubting Development

News In the latest from U.S. Security and Exchange Commission’s (SEC) ongoing lawsuit against Telegram for its offering of Gram tokens, the commission bashes the messaging service’s blockchain and related token. In a lengthy filing with the court of the Southern District of New York the SEC respon..

Telegram CEO: Apple’s iCloud Is “Now Officially a Surveillance Tool”

News Pavel Durov, founder and CEO of major encrypted messenger Telegram, argues that Apple’s cloud service iCloud is “now officially a surveillance tool.” Citing a Jan. 21 Reuters report, Durov claimed that applications like WhatsApp — which rely on iCloud to store private messages — are “part of ..

Blockchain Association Supports Telegram in Legal Battle With SEC

News The Blockchain Association has filed an amicus curiae brief in response to litigation against Telegram initiated by the United States Securities and Exchange Commission (SEC). The Blockchain Association, a collective of advocates involved with the blockchain industry, filed an amicus curiae b..

Digital Chamber of Commerce Weighs In on Telegram Legal Battle With SEC

News The Chamber of Digital Commerce has filed an amicus brief in the ongoing court case between encrypted messenger service Telegram and the United States Securities Exchange Commission (SEC). Filed on Jan. 21, the document was authored by Lilya Tessler, a partner and the New York head of Sidley ..

Telegram CEO’s 18-Hour Deposition Transcript Is Published Online

News Telegram CEO Pavel Durov gave a deposition regarding the company’s alleged violation of United States securities law by conducting $1.7 billion Gram token sale in 2018. In line with a relevant court order, the deposition was held on Jan. 7 and Jan. 8 before a court reporter designated by the ..

Amid Legal Controversy, Telegram Blockchain Explorers Are Already Available

News As the SEC lawsuit against Telegram Open Network (TON) forced it to postpone mainnet launch, working blockchain explorers are already available for the testnet. Blockchair announced the creation of a user-friendly alternative to Telegram’s own explorer. A stalled launch has not stopped blockc..

Court Denies SEC Request to Make Telegram Reveal ICO Bank Records

News The District Court for the Southern District of New York has denied a request by the United States’ securities regulator to make Telegram reveal its bank records. According to a Jan. 6 court order signed by Judge P. Kevin Caste, the court has denied an application by the U.S. Securities and E..

‘Grams Are Not Investment’ Says Telegram, Subtly Denying SEC Jurisdiction

News Telegram’s Gram, the native cryptocurrency for the Telegram Open Network (TON), is not an investment product, the firm stressed in a fresh public statement. In a Jan. 6 blog post, Telegram emphasized that Grams should not be associated with expectations for profits based on purchase or holdin..

Behind the Scenes of TON: Lessons Learned on Deploying Smart Contracts

Opinion Amid news of its recent spat with the United States Securities and Exchange Commission, relatively few people have likely heard about Telegram’s Open Network competition that occurred some weeks ago. It was a milestone event that transformed the once-miniscule TON developer community writi..

BNY Mellon and Credit Suisse Involved in Telegram’s $1.7B Sale: Report

News Two global financial giants, BNY Mellon and Credit Suisse, were reportedly involved in Telegram’s $1.7 billion Gram (GRAM) token sale in 2018. Telegram allegedly informed its investors that it was using BNY Mellon and Credit Suisse to move and store fiat currency raised in the GRAM sale, indu..

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