Telegram agreed to transfer bank statements and other information about the sale of tokens to the SEC

Telegram promised to transfer banking and other necessary data related to the sale of Gram tokens in 2018 in the amount of $ 1.7 billion to the US Securities and Exchange Commission (SEC).

The company agreed to send bank statements to the regulator, as well as share information on funds received from investors, preliminary distribution of assets between clients, any changes to Purchase agreement and final conditions.

By May 20, 2020, Telegram pledged to send termination and refund notifications for US investors. In addition, the TON Labs team decided to postpone the launch of the TON network for another year, until April 2021, but deployed its own fork with the Free Ton token..

Telegram agreed to transfer bank statements and other information about the sale of tokens to the SEC

Investors from other jurisdictions can also opt for an immediate refund of 72% from their initial investments, or renew the contract by providing the messenger with a loan for one year with the prospect of receiving 110% of the amount.

text: Ivan Malichenko, photo: Reuters

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