June 30, 2020 10:01 am -04

Telegram to pay $18.5 million and return $1.2 billion following SEC crypto charges

Telegrams initial bid to launch its Gram cryptocurrency has failed. The US Securities and Exchange Commission (SEC) announced today that in order to resolve charges of violating federal securities laws, it has ordered Telegram to return more than...

Original Link: https://www.engadget.com/telegrams-gram-cryptocurrency-initiative-ruled-illegal-by-sec-100137577.html

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Engadget is a web magazine with obsessive daily coverage of everything new in gadgets and consumer electronics. Engadget was launched in March of 2004 in partnership with the Weblogs, Inc. Network (WI

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