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News

2020-05-09 16:03

Telegram Agrees to Give SEC Bank Records, Communications in Ongoing TON Lawsuit


Telegram is pledging to turn over communications, bank records and other information to the Securities and Exchange Commission (SEC) as part of the agency’s ongoing legal fight against the messaging startup on allegations that its $1.7 billion token sale in 2018 was conducted in violation of U.S. securities law. According to a court filing Friday, the Telegram has agreed to turn over certain documents as part of the discovery process. Telegram will also answer questions about bank records that have already been produced. Telegram will also share information about whether it has already disbursed assets to its pre-sale customers, as

The post Telegram Agrees to Give SEC Bank Records, Communications in Ongoing TON Lawsuit appeared first on One Crypto News.



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